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Monday 17.12.2018 | Name days: Teiksma, Hilda
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Estonian growth of economy and exports slower in Q1 2018

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Estonian economy expanded by 3,6% in the first three months of 2018 compared to the respective period last year and exports grew by 0.9%, Estonian official statistics show.

On Thursday, May 31, Statistics Estonia reported that economic activities with a notable negative impact on growth were agriculture, forestry and fishing. On the upside, construction, transportation, storage, manufacturing, information and communication activities contributed most to economic growth.

As to domestic demand and investments in Estonia, the first increased by 4.4%, but investments showed a decline in the first quarter of 2018.

The exports of goods and services continued to expand, but at a significantly slower pace, being only 0,9% compared to the first three months of 2017.


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