Unemployment decreased rapidly
According to Statistics Estonia, in the 2nd quarter of 2018, the unemployment rate was 5.1%, the employment rate 68.2% and the labour force participation rate 71.9%. The unemployment rate was the lowest in a decade.
In June, trade increased
According to Statistics Estonia, in June 2018, the exports of goods increased by 17% and imports by 18% compared to June 2017. The growth in trade was affected the most by increased trade in mineral products. In the first half-year, compared to the same period of the previous year, the exports of goods increased by 10% and imports by 8%.
Consumer price index affected the most by housing
According to Statistics Estonia, the change of the consumer price index in July 2018 was 0.1% compared to June 2018 and 3.5% compared to July of the previous year.
In June, the number of tourists in accommodation establishments stayed at last year’s level
According to Statistics Estonia, in June 2018, domestic and foreign tourists who stayed in accommodation establishments numbered 372,700, or as many as in June last year. The number of domestic tourists increased and the number of foreign tourists decreased.
In June, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in June 2018, the production of industrial enterprises increased by 3% compared to June 2017. Production increased in manufacturing, energy as well as in mining.
In June, the turnover of retail trade enterprises decreased
According to Statistics Estonia, in June 2018, compared to June of the previous year, the turnover of retail trade enterprises decreased 1% at constant prices.
The industrial producer price index increased in June
According to Statistics Estonia, in June 2018, the producer price index of industrial output changed by 0.7% compared to May and by 2.9% compared to June 2017.
Moderate increase in the construction price index continued
According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2018 was 0.3% compared to the previous quarter and 2.0% compared to the 2nd quarter of 2017.
In May, trade increased
According to Statistics Estonia, in May 2018, the exports of goods increased by 7% and imports by 11% compared to May 2017. The growth in trade in May of this year was broad-based, with increased exports and imports in mineral products.
The monthly change of the consumer price index was affected the most by electricity
According to Statistics Estonia, the change of the consumer price index in June 2018 was 0.9% compared to May 2018 and 4.0% compared to June of the previous year.
In May, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, in May 2018, domestic and foreign tourists staying in accommodation establishments numbered 304,000, which is 2% more than in May 2017. The number of both domestic and foreign tourists increased.