Estonia's industrial production declined for the third straight month in April, and at the fastest pace in more than one-and-a-half years, data from Statistics Estonia showed on Thursday.
The volume of industrial production contracted 3.8% year-on-year in April, following a 2.9% decrease in March.
Moreover, this was the steepest fall since August 2024, when production shrank 4.0%.
Among sectors, energy production plunged 14.9% from last year, and a 3.2% decline was seen in manufacturing output. Meanwhile, manufacturing production logged a sharp growth of 14.3%.
On a monthly basis, industrial production recovered 1.2% versus a 2.3% decrease in March.
