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Estonia Nov. Industrial Output Drops

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Estonia's industrial production dropped a working day adjusted 14% year-on-year in November, slower than the 21% decrease in the previous month, the Statistics Estonia said on Thursday.

Manufacturing output dropped 13% annually in November. This was mainly due to insufficient demand on domestic and external markets. At the same time, the production of electricity decreased 32%.

On a monthly basis, industrial production increased 3% in November, while manufacturing output rose 4%.

Estonia's industrial production dropped a working day adjusted 14% year-on-year in November, slower than the 21% decrease in the previous month, the Statistics Estonia said on Thursday. (Market News Provided by RTTNews)

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