Trade Balance in Estonia
Estonia - Trade BalanceAvailable data paints a mixed picture for the fourth quarter of 2018. Industrial output growth accelerated to a 17-month high in November, propped up by robust expansions in the energy and manufacturing sectors. In a similar fashion, retail sales rebounded sturdily in November, against the backdrop of lower inflation. On the external front, metrics were also encouraging: Goods export growth accelerated to a four-month high in November as booming demand from non-EU countries more than compensated for waning appetite from the EU. On the other hand, survey-based indicators draw a less rosy picture in Q4. Consumer sentiment remained entrenched in negative territory in December. Moreover, business confidence deteriorated again in the same month, in anticipation of a further deterioration in competitiveness due to sustained tightening of labor market conditions.
Estonia - Trade Balance Data
|Trade Balance (USD billion)||-2.1||-2.4||-1.7||-1.8||-2.1|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Trade Balance Chart
Source: Statistics Estonia.
|Exchange Rate||1.13||0.65 %||Feb 14|
|Stock Market||1,217||-0.38 %||Feb 14|
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February 4, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth moderated to 5.8% in December from 7.8% in November, which had marked the strongest expansion in 17 months.
January 16, 2019
Consumer prices fell 0.3% from the previous month in December, compared to November’s 0.5% decrease.
January 4, 2019
According to Statistics Estonia, annual working day-adjusted industrial production growth rose from a meagrer 1.7% in October to 7.9% in November.
December 12, 2018
Consumer prices fell 0.5% from the previous month in November, contrasting October’s 0.5% increase.
December 3, 2018
According to Statistics Estonia, annual industrial output growth fell to 1.7% in working day-adjusted terms in October, from 2.6% in the previous month.