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Estonia 2nd in Europe for industrial output growth in May

BC, Tallinn, 12.07.2017.Print version
The annual rate of growth of industrial production in Estonia was second only to the growth rate for Romania in May 2017, it appears from figures published by Eurostat, the statistical office of the European Union, cites LETA/BNS.

Among member states for which data is available, the highest increases in industrial production were registered in Romania, 14.6%, Estonia, 12.6%, and the Czech Republic, 10.7%. Decreases were observed in Malta and the United Kingdom, both 0.7%.


Month over month, among member states for which data is available, the highest increases in industrial production were registered in Lithuania, 3.8%, Romania, 3.5%, and the Czech Republic, 3.3%, and the largest decreases in Portugal, 1.0%, and Malta, 0.9%.


In May 2017 compared with April 2017, seasonally adjusted industrial production rose by 1.3% in the euro area and by 1.2% in the EU28. In April 2017 industrial production rose by 0.3% in euro area and by 0.1% in the EU28.


In May 2017 compared with May 2016, industrial production increased by 4.0% in both zones.






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