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Decline in retail trade volume in April was most affected by grocery stores
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.
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Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.
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Average monthly gross wages and salaries were €1,894 in Q1
According to Statistics Estonia, the average monthly gross wages and salaries in the first quarter of 2024 were €1,894, which is 8.8% higher than in the same quarter the year before. The median wages were €1,553 in the first quarter of this year and €1,424 in the same quarter of 2023.
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Output of fish farms increased, prices remained largely unchanged
According to Statistics Estonia, in 2023, aquaculture enterprises (fish and crayfish farms) sold 918 tonnes of commercial fish and crayfish, for a total of €5.7 million. The sale of fish roe for consumption amounted to nearly 10 tonnes. The sold quantity of fish farming production increased after three years of decline. The amount of fish roe sold was 3.5 times higher than in 2022.
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Organic farming area and number of organic livestock decreased last year
According to Statistics Estonia, in 2023, the organic farming area in Estonia was 225,300 hectares, representing 22.8% of total utilised agricultural area. 92% of the organic farming area was fully converted and the rest was under conversion. Compared with 2022, the organic farming area decreased by 2.5%, and 78 organic producers ceased activities.
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Producer price index of industrial output down by 2.9% from last year (Corrected on 20.05.24)
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.3% in April 2024 compared with March and decreased by 2.9% compared with April last year.