Estonia: Industrial production accelerates in December
Latest reading: Industrial production was up 2.7% in working day and seasonally adjusted year-on-year terms in December, following a 1.0% rise in the prior month.
Relative to the previous month’s data, the reading for mining and quarrying improved in December (+61.7% on a year-on-year basis vs +9.9% in November). In contrast, the reading for manufacturing softened in December (+0.3% vs +4.5% in November).
In seasonally adjusted month-on-month terms, industrial production was down 1.7% in December, following a 6.0% rise in the prior month.