Estonia Industrial Production Declines in November
Image by Pixabay
Estonia's industrial production decreased in November, amid a fall in manufacturing, electricity, and mining output, data from Statistics Estonia (SE) showed on Thursday.
Industrial production declined 5.8% year-on-year in November. Manufacturing output fell 6.1% annually in November, following a 7.9% decline in the prior month.
Production in mining and electricity decreased by 0.4% and 4.4%, respectively.
Data showed that export sales in the manufacturing sector surged 14.5% annually in November and domestic sales grew 8.5%.
On a seasonally adjusted basis, industrial production decreased by 0.9% monthly in November. Manufacturing output rose 0.3%.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.