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17 May 2024
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Estonian production up 31% in one year!

 

In February 2011 companies operating in Estonia produced 31 percent more industrial goods than the year before, which is by far the largest growth in the European Union, according to Eurostat.

The closest competitor in goods production increase was Sweden (16 percent) followed by Lithuania (14 percent) and Germany (13 percent).
In February all EU member states managed to keep their production growing compared to the same month a year before, with the smallest increase registered in Holland (0.4 percent) and Denmark (0.5 percent).
Compared to January, the avarage industrial production growth in February was 0.2 percent for the EU, while in the Eurozone it was 0.4 percent.

Statistics also showed that compared to the same period of 2010 the production of industrial goods in the EU rose by 7.3 percent while the increase in the Eurozone reached 7 percent.

Source: http://news.err.ee

Category : News



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