Estonia Industrial Output Falls 3.0% In May

(RTTNews) - Estonia's industrial production declined for the fourth straight month in May, data from Statistics Estonia showed on Monday.

The volume of industrial production contracted 3.0 percent year-on-year in May, slower than the 3.8 percent decrease in April.

Among sectors, energy production plunged 22.9 percent from last year, and a 3.5 percent decline was seen in manufacturing output. On the other hand, mining and quarrying production growth quickened to 39.9 percent from 15.7 percent.

On a monthly basis, industrial production dropped 0.2 percent versus a 1.3 percent increase in April.