Estonia industrial production rises in May

Manufacturing

Estonia's industrial production increased in May underpinned by growth in electricity and mining output, data from Tallinn-based Statistics Estonia (SE) showed on Monday.

Industrial production grew 4.8% year-on-year in May, following a 4% increase in the previous month.

Manufacturing output increased 2.2% annually in May, after a 4% rise in the prior month.

Production in mining surged 25.5% and electricity production grew 34.2%. Data showed that export sales of manufacturing production rose 31% annually in May and domestic sales grew 27.2%.

On a seasonally adjusted basis, industrial production declined 0.3 monthly in May, after a 0.8% growth in the previous month. Manufacturing output fell 2.2%.

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