Estonia’s annual GDP growth rate slowed to 1.8% in the second quarter.

Estonia's annual GDP growth rate slowed to 1.8% in the second quarter.

The growth rate of household expenditures slowed in the second quarter from 3.8% in the previous quarter to 1.6%, while government expenditure growth decreased from 4.5% to 0.5%.

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Meanwhile, the growth of goods and services exports accelerated from 1.3% in the first quarter to 2.7%, and import growth increased from 1.1% to 4.3%.

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