FX.co ★ Estonia’s Industrial Slump Eases Slightly in January

Estonia’s industrial production continued to contract in January 2026, but at a marginally slower pace than at the end of last year, according to fresh data updated on 9 March 2026. On a month-over-month basis, output fell by 0.90% in January, following a 1.00% decline in December 2025.

The figures indicate that while industrial activity remains under pressure, the pace of decline has moderated slightly. The comparison is made on a monthly basis, with the current reading reflecting the change from December 2025 to January 2026, and the previous indicator showing the change from November to December 2025. Investors and policymakers will be watching upcoming releases closely to see whether this tentative improvement signals the start of stabilization in Estonia’s industrial sector or merely a brief pause in a broader downturn.