Estonian economy declines for first time in four years

Note: This section contains information in English only.
Source: RTT News
The economic growth in Estonia turned to be negative in the first three months of the current year, as the GDP lost 1.2% on quarterly basis. Moreover, year-on-year economy dropped 1.9% after a 0.3% decrease in October-December quarter. The data showed a slowed increase in manufacturing sector, particularly in chemical and electronic industries, which also decreased exports. 

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