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Estonia GDP Growth Rate YoY
Over 71% of Estonia's gross domestic product (GDP) comes from the service sector, with 25% coming from industry and 4% coming from agriculture. The most important sectors of the Estonian economy are: real estate, rental and letting, and business services (which account for 21% of GDP); the processing industry (15%); commerce (14%); transportation, warehousing, and communications (which account for 10% of GDP); and construction (which accounts for 7% of GDP). Among the expenditure components of the GDP, household consumption is the most important, accounting for 52% of the country's total use. Gross fixed capital formation (25%, one of the highest rates among EU nations) and government expenditure is the next most important components (20%). Exports of products and services account for 84% of GDP, while imports account for 81%, resulting in a net addition of 3% to the total GDP of the country.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Forex Sentiment (EUR)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURUSD |
|
|
1.0943 -416 pips |
1.1353 +6 pips |
1.13585 | |
| EURAUD |
|
|
1.7025 -793 pips |
1.7876 -58 pips |
1.78184 | |
| EURJPY |
|
|
155.1415 -693 pips |
163.5752 -151 pips |
162.069 | |
| EURCAD |
|
|
1.5264 -465 pips |
1.5743 -14 pips |
1.57289 | |
| EURCHF |
|
|
0.9361 -33 pips |
0.9667 -273 pips |
0.93941 | |
| EURCZK |
|
|
0 -249795 pips |
25.1544 -1749 pips |
24.97949 | |
| EURGBP |
|
|
0.8488 -65 pips |
0.8585 -32 pips |
0.85526 | |
| EURHUF |
|
|
397.5650 -1031 pips |
405.8967 +198 pips |
407.88 | |
| EURNOK |
|
|
11.0499 -8272 pips |
11.9452 -681 pips |
11.8771 | |
| EURNZD |
|
|
1.8421 -620 pips |
1.9209 -168 pips |
1.90411 |
News (EUR)
Eurozone Private Sector Activity Moves Closer To Stagnation
The euro area private sector moved closer to stagnation in April as activity was held back by faster reduction in orders amid the escalating trade tariff concerns, the results of the latest purchasing managers' survey by S&P Global showed on Wednesday. The HCOB flash composite output index eased to 50.1 in April, which was only slightly above the 50.0 no-change mark.
RTTNews | 17h 44min ago
German Private Sector Falls Back Into Contraction
Germany's private sector fell into the contraction territory in April as trade tariff concerns damped business confidence and demand, flash purchasing managers' survey by S&P Global revealed Wednesday. The composite output index fell to 49.7 in April from 51.3 in March. The score fell below the 50.0 no-change mark for the first time in four months.
RTTNews | 19h 51min ago
French Private Sector Downturn Worsens
France's private sector activity came under renewed pressure in April due to pronounced demand weakness in the domestic market and sharp deterioration in confidence, flash survey data from S&P Global showed on Wednesday. The HCOB composite output index registered 47.3 in April, down from 48.0 in March. The reading was expected to ease to 47.8.
RTTNews | 20h 41min ago
