Estonia industrial production, retail sales decline in May
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Estonia’s industrial production and retail sales decreased in May, data from Statistics Estonia (SE) showed on Tuesday.
Industrial production declined a working-day adjusted 17.7% year-on-year in May, following a 16.9% fall in April.
Manufacturing output decreased by 17.3% annually in May.
Among the other sub-sectors, production in mining and energy declined 24.4% and 16.7%, respectively.
On a monthly basis, industrial production fell a seasonally and working-day adjusted 0.2% in May.
Separate data from the Tallinn-based statistical office showed that the retail sales declined 1% annually in May. On a monthly basis, retail sales rose a seasonally and working-day adjusted 9% in May.
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