Personal tools
Skip to content. Skip to navigation

EUbusiness.com - business, legal and economic news and information from the European Union

Sections
You are here: Home Live news Estonian economy grows 11.2 pct in fourth quarter
Document Actions

Estonian economy grows 11.2 pct in fourth quarter

13 February 2007, 15:50 CET

(TALLINN) - Economic growth in new European Union member Estonia surged ahead by 11.2 percent in the fourth quarter of 2006 on a 12-month basis, preliminary official data showed on Tuesday.

Growth had slowed slightly from 11.8 percent in the third quarter but that was more than five times growth of 2.1 percent in the whole European Union, which Estonia joined in 2004.

"Economic growth (in Q4) was most influenced by the growth of manufacturing, and wholesale and retail trade activities," the statistics office said in a statement.

"A big impact on economic growth was also exerted by transport, storage and communication, and financial mediation activities," the statement said.

Text and Picture Copyright 2007 AFP. All other Copyright 2007 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.




Subscribers
EUbusiness Week 422
Euro-MPs back Blue Card scheme
NEWSLETTER SIGNUP
Week Ahead
CAP reform Health Check
WEEK AHEAD SIGNUP
Premium Partner
Credit Crunch and Late Payments - Intrum Justitia
PARTNER SIGNUP
* SUBSCRIPTIONS *
Cache EUB's Breaking News Portlet as HTML Cache EUB's Upcoming Events Portlet as HTML