eu2017.ee

Labour force participation rate at highest for 20 years

news release no 87

According to Statistics Estonia, in the 2nd quarter of 2017, the unemployment rate was 7%, the employment rate 66.9% and the labour force participation rate 72%. Compared to the 2nd quarter of 2016, the employment rate remained on the same level and the labour force participation rate reached its highest level for 20 years.

Labour force participation rate, employment rate, unemployment rate

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Both in June and throughout the 2nd quarter, trade increased

news release no 86

According to Statistics Estonia, in June 2017, the exports of goods increased by 11% and imports by 6% compared to June 2016. In the second quarter, compared to the 2nd quarter of the previous year, exports grew 8% and imports 7%.

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In July, the annual change of the consumer price index was affected the most by food

news release no 85

According to Statistics Estonia, the change of the consumer price index in July 2017 was 0.7% compared to June 2017 and 3.6% compared to July of the previous year.

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

news release no 84

According to Statistics Estonia, 372,000 domestic and foreign tourists stayed in Estonian accommodation establishments in June 2017, which is 8% more than in June 2016.

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

news release no 83

According to Statistics Estonia, in June 2017, the production of industrial enterprises increased 15% compared to June 2016. Production increased in the energy sector and mining and quarrying as well as in manufacturing.

Volume index of production in manufacturing and its trend

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In June, the turnover growth of retail trade enterprises accelerated

news release no 82

According to Statistics Estonia, in June 2017, the turnover of retail trade enterprises increased 5% at constant prices compared to June 2016. While in May turnover increased 1% compared to the same month of the previous year, in June growth accelerated.

Turnover volume index of retail trade enterprises and its trend

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The industrial producer price index fell in June

news release no 81

According to Statistics Estonia, in June 2017, the producer price index of industrial output changed by -0.3% compared to May and by 3.3% compared to June 2016.

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A moderate increase in the construction price index continued

news release no 80

According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2017 was 0.2% compared to the previous quarter and 1.5% compared to the 2nd quarter of 2016.

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In May, trade intensified

news release no 79

According to Statistics Estonia, in May 2017, the exports of goods increased by 15% and imports by 14% compared to May 2016. Trade growth was influenced the most by a significant increase in the exports and imports of mineral products.

Estonia’s foreign trade by month, 2015–2017

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In June, the annual change of the consumer price index was affected the most by food

news release no 78

According to Statistics Estonia, the change of the consumer price index in June 2017 was -0.1% compared to May 2017 and 2.9% compared to June of the previous year.

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