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Estonian industrial output falls too sharply

May 08, 2008
Staff and wire reports

TALLINN - Estonia’s industrial output as of the end of March sank 4.9 percent year-on-year and 5.3 percent compared with February, the statistics office announced on May 5. The decrease in manufacturing was mainly due to the decline in the production of food, wood and building materials. In the food industry alone, production decreased in all segments of the food industry except meat, the agency said. Analysts said that although industrial production was expected to decline in March, the decr ...


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