Estonia: strong economic forecast testimony to government policies

A more-optimistic-than-expected summer economic forecast stands testimony to the government’s crisis management policy, Prime Minister Kaja Kallas (Reform) said on September 9, the first day of the 2022 state budget cabinet talks. Kallas said: “The sufficiently substantial and well targeted supplementary budget compiled rapidly this spring played an important role in this, having provided the…

Estonia: industrial production up in July 2021

In July, the total production of industrial enterprises increased by 10% YoY, data from Statistics Estonia showed. Production increased by 16% in energy production, by 6% in manufacturing and by 72% in mining. Helle Bunder, analyst at Statistics Estonia, said production increased in more than a half of manufacturing activities. “In July last year, the…