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BNS - Productivity based on industrial output reached 333,000 kroons (EUR 21,300) in Estonia in the second quarter of this year, up by 27.7 percent at constant prices compared to the year-earlier figure, data of the national statistics office show.
In the first half of 2009 a productivity decline of around 20 percent was recorded. The trend was reversed in the final quarter when growth of close to 4 percent was registered. In the first quarter of this year productivity growth accelerated to 19 percent.
In manufacturing the year-on-year growth in productivity at constant prices was 28.9 percent in the second quarter. In the energy sector growth of 41.4 percent and in mining, 2.1 percent was recorded.
The rise in productivity was due to an increase in output combined with a decrease in the number of workers, Statistics Estonia said.
(EUR 1 = EEK 15.65)
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