India, May 30 -- Estonia's economy contracted in the first quarter of 2025, revised from a recovery estimated initially, preliminary figures from Statistics Estonia showed on Friday.
Gross domestic product fell 0.3 percent year-over-year in the first quarter, reversing a revised 1.2 percent growth in the previous quarter. In the flash report, the rate of change was an increase of 1.2 percent. The fourth quarter figure was also revised from a decline of 0.1 percent.
In the first quarter, half of economic activities contributed positively to the GDP, and the other half made a negative contribution.
The greatest negative impact on the economy came from the energy sector, which shrank 22.4 percent, followed by transport with a decline of 10....