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Every fifth person in Estonia lived in relative poverty and every fourteenth in absolute poverty last year
According to Statistics Estonia, in 2012, 18.7% of the Estonian population lived in relative poverty and 7.3% in absolute poverty. The overall percentage of people living in relative poverty increased 1.2 percentage points compared to the previous year, but the percentage of people living in absolute poverty decreased 0.8 percentage points.
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In October, the number of tourists in accommodation establishments increased
According to Statistics Estonia, 148,000 foreign tourists and 80,000 domestic tourists used the services of accommodation establishments in October 2013. The total number of tourists increased 4% compared to October of the previous year.
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In October the decline in exports was mostly influenced by agricultural goods
According to Statistics Estonia, in October 2013, exports of goods decreased by 1% and imports by 6% at current prices compared to October of the previous year. The decrease in exports was mostly influenced by the dispatches of agricultural goods which declined by 17% compared to October 2012.
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In the 3rd quarter the economic slowdown continued
According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 0.7% in the third quarter of 2013 compared to the same quarter of the previous year.
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In November, the change in the consumer price index was influenced the most by housing expenditures
According to Statistics Estonia, the change of the consumer price index in November 2013 was –0.4% compared to October 2013 and 1.5% compared to November of the previous year. Both the monthly and annual change were influenced the most by housing expenditures.
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In the 3rd quarter the number of job vacancies increased
According to Statistics Estonia, there were 8,600 job vacancies in the enterprises, institutions and organisations of Estonia in the 3rd quarter of 2013. Compared to the same period of the previous year their number increased by 12.3%, and compared to the previous quarter by 12.7%.
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The total profit of the business sector increased in the 3rd quarter
According to Statistics Estonia, in the 3rd quarter of 2013 the total profit of the business sector was 945 million euros, which was 5% more than in the same period a year earlier.
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Last year the expenditures on research and development activities remained at the level of 2011
According to Statistics Estonia, expenditures on research and development in Estonia amounted to 380.7 million euros in 2012, being 3.7 million euros or 1% less than in 2011.
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The growth in retail sales accelerated to some extent in October
According to Statistics Estonia, in October 2013 compared to October of the previous year, the retail sales of goods of retail trade enterprises increased 7% at constant prices. In September the retail sales increased 4% compared to the same month of the previous year, while in October the retail sales growth accelerated to some extent.
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In October industrial production increased
According to Statistics Estonia, in October 2013, the production of industrial enterprises increased by 7% compared to October of the previous year. The production exceeded the volume of the previous year in most of the branches of industry.
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Construction volumes increased in the 3rd quarter
According to Statistics Estonia, in the 3rd quarter of 2013 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries grew 4%.
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The more people there are in a local government unit, the more viable it is? Not always!
Today, on 29 November, Statistics Estonia is presenting the publication Regional Development in Estonia 2013, which focuses on business and economy this time. One of the topics discussed in the publication is the viability index of local government units.