Posts tagged as not considerable

Estonia’s GDP falls 0.7% y/y in Q1 but coronavirus impact “not considerable” yet

Monday, June 1, 2020

Estonian GDP declined 0.7% y/y in the first quarter after expanding 3.9% y/y in the fourth quarter, unadjusted data from Statistics Estonia showed on May 29. The fall is less an effect of the coronavirus (COVID-19) pandemic than the weakness of Estonia’s energy and manufacturing sectors, the statistical office said. The impact of the coronavirus was “not yet considerable. However, the virus seems to have negatively affected trade, transport and…