FX.co ★ Estonia’s Industrial Slump Deepens in March With 3.1% Annual Decline

Estonia’s industrial production contracted sharply in March 2026, with output falling 3.10% year-over-year, according to data updated on 6 May 2026. The decline marks a clear deterioration from February 2026, when industrial production was down 0.50% compared with the same month a year earlier.

The figures are based on year-over-year comparisons, with the “actual” March reading measuring the change versus March of the previous year, and the “previous” February reading comparing output to February a year earlier. The deeper negative reading in March suggests mounting pressure on Estonia’s industrial sector as it moves further into 2026.