FX.co ★ Estonia’s Industrial Slump Deepens in March as Output Falls 2.5% MoM

Estonia’s industrial sector weakened further in March 2026, with production falling 2.50% month‑over‑month, according to data updated on 6 May 2026. The decline marks a sharper contraction than in February 2026, when industrial output slipped by 0.80% compared with January.

The figures show a clear deterioration in short‑term momentum: while February’s reading already indicated modest weakness, March’s deeper drop suggests mounting pressure on Estonia’s manufacturers and industrial producers. On a month‑over‑month basis, the latest “actual” result compares the change in March to February, whereas the “previous” figure reflected the change in February relative to January, highlighting a sequential worsening in industrial performance.