Are you sure?

Estonia industrial production, retail sales decline in May

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.