Economy

In May, exports of goods declined by 25%

news release no 84

According to Statistics Estonia, in May 2020, compared to May 2019, the exports of goods decreased by 25% and imports by 24%. Compared to April 2020, exports decreased by 2% and imports remained at the same level.

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Consumer price index on the rise again

news release no 83

According to Statistics Estonia, the change of the consumer price index in June 2020 was 0.9% compared to May 2020 and –1% compared to June of the previous year. Compared to June 2019, goods were 0.8% and services 1.2% cheaper.

Tarbijahinnaindeks on taas tõusuteel

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In May, the number of tourists in accommodation establishments remained low

news release no 82

According to Statistics Estonia, 37,000 tourists stayed in Estonian accommodation establishments in May 2020. Their total number of nights spent was 83,000. The number of tourists decreased by 88% year on year.

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Industrial production fell for the second month

news release no 80

According to Statistics Estonia, in May 2020, the production of industrial enterprises decreased by 18% compared to May 2019. Production decreased in all three industrial activities: manufacturing, energy production and mining.

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In May, customers returned to shopping centres

news release no 79

According to Statistics Estonia, in May 2020, the turnover of retail trade enterprises was 625 million euros. Compared to May 2019, turnover decreased by 1% at constant prices.

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Nine-month fall in producer price index stopped

news release no 77

According to Statistics Estonia, in May, the producer price index of industrial output increased by 0.1% compared to April 2020 and decreased by 3.9% compared to May 2019.

Nine-month fall in producer price index stopped

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Change in Dwelling Price Index most significant in five years

news release no 76

According to Statistics Estonia, in the 1st quarter of 2020, the Dwelling Price Index increased by 11.5% compared to the 1st quarter of 2019. The last time that the change in the index was more significant was in the 3rd quarter of 2014, when it was 13.2%.

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Biggest decrease in foreign trade in 11 years

news release no 73

According to Statistics Estonia, in April 2020, compared to April 2019, the exports of goods decreased by 17% and imports by 22%. The greater decrease in imports offset the balance of trade.

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The number of job vacancies fell by a quarter in a year

news release no 72

According to Statistics Estonia, in the first quarter of 2020, there were 8,613 job vacancies in the enterprises, institutions and organisations of Estonia. Compared to the first quarter of 2019, the number decreased by 25%.

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In May, cheaper motor fuel had the biggest impact on the consumer price index

news release no 71

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 May, cheaper motor fuel had the biggest impact on the consumer price index

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In April, the number of accommodated tourists dropped by 95%

news release no 70

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.

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