In May, cheaper motor fuel had the biggest impact on the consumer price index
According to Statistics Estonia, the change of the consumer price index in May 2020 was -0.7% compared to April 2020 and -1.7% compared to May 2019. Compared to May of the previous year, goods were 1.5% and services 2.0% cheaper.
In April, the number of accommodated tourists dropped by 95%
According to Statistics Estonia, 13,000 tourists stayed in Estonian accommodation establishments in April. Their total number of nights spent was 43,000. The number of tourists decreased by 95% year on year.
Statistics Estonia’s wages and salaries application was updated with 2020 data
Statistics Estonia’s wages and salaries application now includes wages data for the first quarter of 2020. Also, median wages for 11 more groups of occupations were added.
Industrial production fell to the level of a decade ago
According to Statistics Estonia, in April 2020, the production of industrial enterprises decreased by 17% compared to April 2019. Production decreased in all three industrial activities: manufacturing, energy production and mining.
In the 1st quarter, GDP fell by 0.7%
According to Statistics Estonia, in the 1st quarter of 2020, the gross domestic product (GDP) fell by 0.7% compared to the 1st quarter of 2019. The GDP at current prices was 6.5 billion euros.
In April, turnover fell the most in textile, clothing and footwear stores
According to Statistics Estonia, in April 2020, the turnover of retail trade enterprises was 517 million euros. Compared to April 2019, turnover decreased by 15% at constant prices.
Increase in average wages and salaries driven by information and communication
According to Statistics Estonia, in the 1st quarter of 2020, the average monthly gross wages and salaries were 1,404 euros, which is 4.8% higher than the year before. In quarterly comparison, the increase is the most modest in recent years.
In the first quarter, there was more repair and reconstruction work done
According to Statistics Estonia, in the first quarter of 2020, the total production of Estonian construction enterprises in Estonia and abroad increased by 7% year on year. The construction volume increased in Estonia, but decreased in foreign countries.
Producer price index affected the most by falling dairy prices
According to Statistics Estonia, in April, the producer price index of industrial output fell by 0.3% compared to March 2020 and by 4.4% compared to April 2019.
Museum attendance continues to increase
According to Statistics Estonia, in 2019, Estonian museums were visited slightly more than 3.5 million times, which is 100,000 visits more than the year before.
In the first quarter, part-time employment increased
According to Statistics Estonia, in the first quarter of 2020, the labour force participation rate in Estonia was 71.7%, the employment rate was 68.1%, and the unemployment rate was 5%. These indicators do not yet reflect the negative impact of the emergency situation on the Estonian labour market.