In the 3rd quarter, the year-over-year increase in average monthly gross wages was 5%

news release no 131

According to Statistics Estonia, in the 3rd quarter of 2014, the average monthly gross wages and salaries were 977 euros and the average hourly gross wages and salaries were 5.89 euros. Compared to the 3rd quarter of 2013, the average monthly gross wages increased by 5.0% and the average hourly gross wages by 5.6%.

Diagram: Average monthly gross wages and salaries and monthly labour costs per employee,  3rd quarter 2014

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In October, the producer price index of industrial output decreased

news release no 130

According to Statistics Estonia, in October 2014, the producer price index of industrial output changed by -0.9% compared to September 2014 and by -2.1% compared to October 2013.

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Winter round of the Foreign Visitors Survey to begin at border crossing points

news release no 129

Today, on 17 October, Statistics Estonia and Enterprise Estonia launch the second stage of the Foreign Visitors Survey that started at the border crossing points of Estonia in the summer. The second stage will last until the middle of December.

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The labour market remained stable in the 3rd quarter

news release no 128

According to Statistics Estonia, unemployed persons numbered 51,000 and the unemployment rate was 7.5% in the 3rd quarter of 2014. Employment increased slightly, but the overall changes in employment and unemployment were minor.

Diagram: Persons employed by age group, 1st quarter 2008 – 3rd quarter 2014

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In the 3rd quarter, economic growth was led by manufacturing

news release no 127

According to the flash estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased 2.1% in the 3rd quarter of 2014 compared to the 3rd quarter of 2013.

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

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The foreign trade turnover in September was the biggest this year so far

news release no 126

According to Statistics Estonia, in September 2014, exports of goods increased by 7% and imports by 9% at current prices compared to September of the previous year. The increase in exports and imports was mostly influenced by the trade of electrical equipment and raw materials and products of chemical industry. Over the nine months of 2014, exports and imports declined by 3% compared to the same period of 2013.

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

news release no 125

According to Statistics Estonia, 233,000 tourists stayed in accommodation establishments in September, which was 4% more than in September of the previous year. The number of both foreign and domestic tourists increased.

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In October, the annual change of the consumer price index was influenced the most by electricity

news release no 124

According to Statistics Estonia, the change of the consumer price index in October 2014 was 0.0% compared to September 2014 and -0.2% compared to October of the previous year.

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A new publication on economic and labour market trends

news release no 123

Today, on 3 November, Statistics Estonia presents the publication “Changes in the Economy and Labour Market” which outlines the relevant trends in the last decade.

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In September, the increase in industrial production accelerated

news release no 122

According to Statistics Estonia, in September 2014, the production of industrial enterprises rose 4% compared to September of the previous year. The production increased in manufacturing, but decreased in mining and energy.

Diagram: The volume index and trend of production in manufacturing

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