Estonian industrial production jumps in March

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Regional today

Thursday, May 5, 2022, 10:05 a.m.

Estonia’s industrial production grew at a significantly faster pace in March, driven by growth in all three sectors, data from Tallinn-based Statistics Estonia (SE) showed on Tuesday.

Industrial production rose 7.8% year-on-year in March after rising 1.7% the previous month.

Manufacturing output rose 6.6%, after rising 4.8% the previous month. Production in the mining sector increased by 5.2% and energy production increased by 21.3%.

“Production volumes have increased in most manufacturing activities,” said Helle Bunder, an analyst at the statistics agency. On a seasonally adjusted basis, industrial production rose 5.1% per month in March and manufacturing gained 2.5%.

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