Economy

The industrial producer price index increased in June

news release no 79

According to Statistics Estonia, in June 2018, the producer price index of industrial output changed by 0.7% compared to May and by 2.9% compared to June 2017.

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Moderate increase in the construction price index continued

news release no 78

According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2018 was 0.3% compared to the previous quarter and 2.0% compared to the 2nd quarter of 2017.

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In May, trade increased

news release no 77

According to Statistics Estonia, in May 2018, the exports of goods increased by 7% and imports by 11% compared to May 2017. The growth in trade in May of this year was broad-based, with increased exports and imports in mineral products.

<br>Estonia’s foreign trade by month, 2016–2018<br>

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The monthly change of the consumer price index was affected the most by electricity

news release no 76

According to Statistics Estonia, the change of the consumer price index in June 2018 was 0.9% compared to May 2018 and 4.0% compared to June of the previous year.

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

news release no 75

According to Statistics Estonia, in May 2018, domestic and foreign tourists staying in accommodation establishments numbered 304,000, which is 2% more than in May 2017. The number of both domestic and foreign tourists increased.

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

news release no 74

According to Statistics Estonia, in May 2018, the production of industrial enterprises increased by 3% compared to May 2017. Production increased in manufacturing and in mining, but decreased substantially in energy.

Volume index of production in manufacturing and its trend, January 2009 – May 2018

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In May, the turnover growth of retail trade enterprises accelerated

news release no 73

According to Statistics Estonia, in May 2018, compared to May of the previous year, the turnover of retail trade enterprises increased 3% at constant prices. While in April, the turnover increased 1% compared to the same month of the previous year, the growth accelerated slightly in May.

Turnover volume index of retail trade enterprises and its trend, January 2008 – May 2018

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The use of mobile internet has increased

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 51)
Tiina Pärson, Jaanika Ait

The use of mobile internet has increased year by year – compared to 2014 when slightly over a half of households with internet connection used mobile internet, by 2017, this share had risen to 82%. The internet is also widely used by enterprises ‒ in 2017, 96% of enterprises with at least 10 employees used computers every day and as much as 95% also used the internet.

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The number of registered vehicles continues to increase

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 48)
Meila Kivisild

In 2017, the number of vehicles in the traffic register of the Estonian Road Administration continued to increase. The number of passengers and freight volume increased in maritime, rail and air transport but decreased in road transport. Passenger traffic via airports and ports reached yet another record level. The number of persons killed or injured in traffic accidents declined compared to the previous year.

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Production of electricity from renewable sources is increasingly important

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 45)
Helle Truuts
Total production of electricity in Estonia has been increasing for two years in succession and the share of imported electricity has decreased. The use of renewable energy sources has been increasing in Estonia year by year, in both electricity production and final consumption.
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Half of the Estonian territory are forests

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 42)
Mati Valgepea

Forests are one of the most important renewable resources and living environments in Estonia. Forest protection and management have various impacts on the environment, economy and social life. In recent years, forest harvesting has reached the level of 10–11 million cubic metres. Due to active use of forests, greater importance should be attributed to forest protection, regeneration and maintenance works.

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Fish catch and aquaculture production stable in recent years

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 40)
Evelin Enno-Sakwan
In 2017, commercial fish catch (the Baltic Sea, inland waters and ocean catch) did not change considerably compared to 2016. However, aquaculture production sold in 2017 was the largest in the last 5 years.
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Prices increased last year

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 22)
Eveli Šokman

In 2017, the biggest increase among price indices occurred in the export price index and dwelling price index – both increased by 5.5% compared to the average of 2016. In 2017, the biggest increase occurred in the prices of houses (5.8%). The prices of apartments increased by 5.4%.

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Highest average monthly gross wages in information and communication

Eesti Statistika Kvartalikiri. 2/18. Quarterly Bulletin of Statistics Estonia (p. 20)
Jaan Õmblus

2017 was a good year for employees. The average monthly gross wages and salaries increased by 6.5% year on year to 1,221 euros, having amounted to 1,146 euros a year earlier. On average, an employee received an additional 75 euros per month in 2017. A year earlier, the average monthly gross wages and salaries increased by 7.6%, denoting an increase in average wages from 1,065 euros to 1,146 euros – a nominal increase of 81 euros per month.

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