In January, the producer price index of industrial output continued to decrease

news release no 24

According to Statistics Estonia, in January 2015, the producer price index of industrial output changed by -0.2% compared to December 2014 and by -2.2% compared to January 2014.

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Construction volumes decreased in 2014

news release no 23

According to the preliminary data of Statistics Estonia, in 2014 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 2.1 billion euros, which is 3% less than in 2013. If only the Estonian construction market is considered, the construction volumes decreased 2%.

Diagram: Construction volume index

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In the 4th quarter, the average monthly gross wages and salaries exceeded 1,000 euros once again

news release no 22

According to Statistics Estonia, in the 4th quarter of 2014, the average monthly gross wages and salaries were 1,039 euros and increased by 5.3% compared to the 4th quarter of 2013. In 2014, the average monthly gross wages and salaries exceeded the 1,000 euro level in the 2nd and 4th quarter.

Diagramm: Average monthly gross wages and salaries and monthly labour costs per employee

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Unemployment decreased and employment increased in 2014

news release no 21

According to Statistics Estonia, the unemployment rate was 7.4% and the employment rate was 63% in 2014. Unemployment has decreased and employment has increased since 2011, but these changes have gradually slowed down.

Diagram: Number of employed persons

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In 2014, more than three million tourists stayed in accommodation establishments

news release no 20

According to Statistics Estonia, in 2014, more than 3 million domestic and foreign tourists stayed in accommodation establishments, which was 4% more than in 2013. The number of both foreign and domestic tourists increased.

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In the 4th quarter the Estonian economy grew 2.7%

news release no 19

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.7% in the 4th quarter of 2014 compared to the 4th quarter of 2013. The annual GDP growth in 2014 was 1.8% compared to the previous year.

Diagram: GDP, growth of the export and import of goods

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Last year Estonia exported goods worth 12.1 billion euros

news release no 18

According to Statistics Estonia, in 2014, exports from Estonia amounted to 12.1 billion euros and imports to Estonia to 13.7 billion euros at current prices. The trade deficit was 1.6 billion euros and it increased by 126 million euros compared to 2013.

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Tõnu Kollo was elected the chairman of the Statistical Council

news release no 17

The new Statistical Council held its first meeting today, on 6 February, and elected Professor Tõnu Kollo from the Institute of Mathematical Statistics of the University of Tartu as the chairman of the Council for the next four years.

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In January, the consumer price index was influenced the most by motor fuel

news release no 16

According to Statistics Estonia, the change of the consumer price index in January 2015 was -0.4% compared to December 2014 and -1.3% compared to January of the previous year.

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In 2014, industrial production increased

news release no 15

According to the preliminary data of Statistics Estonia, in 2014 the production of industrial enterprises grew 2% compared to the previous year. Production increased 4% in manufacturing, but decreased nearly 6% in mining and energy.

Diagram: Volume index of production in manufacturing in the European Union countries

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