Trade Balance in Estonia
Estonia - Trade Balance (Euros)Available data suggests economic activity decelerated in the first quarter of the year, after growth edged up to a one-year high in Q4 2018. Industrial production growth lost traction in Q1, owing to contracting energy output which more than offset healthy manufacturing output growth. The external sector also weakened at the beginning of 2019, with exports growth slipping to a one-year low in Q1 against the backdrop of feebler external demand conditions. Moreover, average economic sentiment weakened in Q1, chiefly due to tumbling confidence in the industrial and construction sectors. In other news, Moody’s affirmed Estonia’s A1 credit rating on 11 May, praising the resiliency of its economy and extremely low government debt levels.
Estonia - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||-0.9||-1.1||-0.9||-0.8||-0.9|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Trade Balance (EUR) Chart
Source: Statistics Estonia.
|Exchange Rate||1.12||0.65 %||Jun 14|
|Stock Market||1,250||-0.38 %||Jun 14|
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June 14, 2019
Consumer prices rose 0.2% from the previous month in May, decelerating markedly from April’s 1.3% rise—which had marked the strongest monthly increase in over two years.
June 4, 2019
Industrial production fell 0.4% in annual working-day adjusted terms in April, contrasting a healthy 2.3% increase in March and marking the first contraction since November 2017.
May 31, 2019
Economic growth clocked in at 4.5% in year-on-year terms in Q1 2019, picking up slightly from the 4.3% acceleration recorded in Q4 2018, according to a detailed GDP release by Estonia’s Statistical Institute.
May 11, 2019
Consumer prices rose 1.3% from the previous month in April, accelerating markedly from March’s 0.3% uptick and marking the strongest monthly increase in over two years.
April 30, 2019
Industrial production growth fell from 4.0% in February to a five-month low of 2.4% in March, in annual working-day adjusted terms.