Industrial production fell by 3% in May
Date 06.07.2026
Article
Riin Kadarik, leading analyst at Statistics Estonia, said that the output of manufacturing was down for the fourth consecutive month. “In May, the main reason for this was again the manufacture of food products which decreased by 3.5%. The output of the food industry has shown year-on-year decrease for five months in a row, but the decline in May was smaller than in April,” added Kadarik. In May, the volume of industrial production was up in two thirds of the manufacturing activities. “The largest manufacturing activity – the manufacture of wood – did not grow in May and remained at the same