OREANDA-NEWS. August 15, 2011. Flash estimates from Statistics Estonia put the nation's second quarter GDP growth at 8.4 percent compared to the same period of 2010, continuing the brisk rate seen since the beginning of this year.

Seasonally and working-day adjusted GDP was up by 1.8 percent compared to the previous quarter.

The statistics agency said that a rapid growth in the value added in manufacturing was giving the biggest push to the GDP rise.

After posting a relatively modest GDP growth of 3.1 percent for 2010, the nation's economy knocked pundits off their guard this spring when initial figures showed that the growth rate had hit 8 percent in the first quarter, a number that was later revised to 8.5 percent.