Economy

In the 2nd quarter, Dwelling Price Index increased

news release no 102

According to Statistics Estonia, in the 2nd quarter of 2018, the Dwelling Price Index changed by 1.1% compared to the 1st quarter and by 7.4% compared to the 2nd quarter of 2017.

Dwelling price index, 1st quarter 2005 – 2nd quarter 2018 (2010 = 100)

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The industrial producer price index continued to rise in August

news release no 101

According to Statistics Estonia, in August 2018, the producer price index of industrial output changed by 1.0% compared to July and by 3.4% compared to August 2017.

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In July, fuel exports and imports increased trade

news release no 98

According to Statistics Estonia, in July 2018, the exports of goods increased by 27% and imports by 18% compared to July 2017. The growth in trade was affected the most by a significant increase in trade in mineral products (fuel additives, shale oil, motor spirit and heavy fuel oils). Mineral products trade increased in both quantity and value, exports tripled and imports doubled.

Estonia\'s foreign trade by month, 2016–2018

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In the 2nd quarter, the number of job vacancies increased

news release no 97

According to Statistics Estonia, in the 2nd quarter of 2018, there were approximately 11,400 job vacancies in the enterprises, institutions and organisations of Estonia. Compared to the 1st quarter of 2018, the number of job vacancies increased by 8%. However, compared to the 2nd quarter of 2017, the number of job vacancies decreased by 5%. The number of job vacancies has exceeded 10,000 since the 1st quarter of 2017.

The rate of job vacancies by economic activity, 2nd quarter, 2017–2018

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Consumer price index continued to rise

news release no 96

According to Statistics Estonia, the change of the consumer price index in August 2018 was 0.5% compared to July 2018 and 3.6% compared to August of the previous year.

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In July, more tourists stayed in accommodation establishments than a year ago

news release no 95

According to Statistics Estonia, in July 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 503,000, which is 1% more than in July 2017. The number of domestic tourists increased and the number of foreign tourists decreased.

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Electricity production increased last year

news release no 93

According to Statistics Estonia, in 2017, the production of electricity totalled 13 terawatt-hours, which is 8% more than in the previous year. Electricity production from renewable sources increased 13% compared to 2016.

Electricity production from renewable sources, 2005–2017

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In July, the volume of industrial production was greater than a year ago

news release no 91

According to Statistics Estonia, in July 2018, the production of industrial enterprises increased by 4% compared to July 2017. Production increased in manufacturing and energy, but decreased in mining.

Volume index of production in manufacturing and its trend, January 2009 – July 2018 (2015 = 100)

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In July, the turnover of retail trade enterprises increased

news release no 90

According to Statistics Estonia, in July 2018, compared to July of the previous year, the turnover of retail trade enterprises increased 2% at constant prices.

Turnover volume index of retail trade enterprises and its trend, January 2008 – July 2018 (2015 = 100)

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The profit of the business sector decreased in the 2nd quarter

news release no 89

According to Statistics Estonia, in the 2nd quarter of 2018, the total profit of the business sector was 726 million euros, which is 12% less than in the same period the year before.

Total profit of the business sector, 1st quarter 2013 – 2nd quarter 2018

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