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Revised data: average wages and salaries were €2126 in the second quarter
According to Statistics Estonia's revised data, in the second quarter of 2025, the average monthly gross wages and salaries were €2,126, which is 5.9% higher than in the second quarter of 2024.
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HICP flash estimate: prices up by 0.6% in July
According to the preliminary estimate of Statistics Estonia, in July 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.6% compared with June. Compared with July last year, the HICP rose by 5.6%.
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GDP flash estimate: economy grew by 0.5% in Q2
According to Statistics Estonia's preliminary estimate, Estonia's economy showed modest improvement in the second quarter of 2025. Compared with the second quarter of 2024, the gross domestic product (GDP) increased by 0.5%.
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HICP flash estimate: prices up by 1.1% in June
According to the preliminary estimate of Statistics Estonia, in June 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists in Estonia, increased by 1.1% compared with May. Compared with June last year, the HICP rose by 5.2%.
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In the 2nd quarter, year-over-year growth in average wages and salaries accelerated
According to Statistics Estonia, in the 2nd quarter of 2017, the average monthly gross wages and salaries were 1,242 euros, and increased 6.8% compared to the 2nd quarter of 2016. The year-over-year growth in wages and salaries, which had decelerated for four successive quarters, accelerated again and was 1.1 percentage points faster than in the previous quarter.
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The profit of the business sector increased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2017, the total profit of the business sector was 827 million euros, which was 22% more than in the same period the year before.
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Construction volumes increased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2017 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries increased 18%. Taking into account only the Estonian construction market, the construction volumes increased 25%.
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The industrial producer price index increased in July
According to Statistics Estonia, in July 2017, the producer price index of industrial output changed by 0.4% compared to June and by 4.1% compared to July 2016.
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Labour force participation rate at highest for 20 years
According to Statistics Estonia, in the 2nd quarter of 2017, the unemployment rate was 7%, the employment rate 66.9% and the labour force participation rate 72%. Compared to the 2nd quarter of 2016, the employment rate remained on the same level and the labour force participation rate reached its highest level for 20 years.
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Both in June and throughout the 2nd quarter, trade increased
According to Statistics Estonia, in June 2017, the exports of goods increased by 11% and imports by 6% compared to June 2016. In the second quarter, compared to the 2nd quarter of the previous year, exports grew 8% and imports 7%.
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In July, the annual change of the consumer price index was affected the most by food
According to Statistics Estonia, the change of the consumer price index in July 2017 was 0.7% compared to June 2017 and 3.6% compared to July of the previous year.
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In June, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, 372,000 domestic and foreign tourists stayed in Estonian accommodation establishments in June 2017, which is 8% more than in June 2016.
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In June, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in June 2017, the production of industrial enterprises increased 15% compared to June 2016. Production increased in the energy sector and mining and quarrying as well as in manufacturing.
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In June, the turnover growth of retail trade enterprises accelerated
According to Statistics Estonia, in June 2017, the turnover of retail trade enterprises increased 5% at constant prices compared to June 2016. While in May turnover increased 1% compared to the same month of the previous year, in June growth accelerated.
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The industrial producer price index fell in June
According to Statistics Estonia, in June 2017, the producer price index of industrial output changed by -0.3% compared to May and by 3.3% compared to June 2016.
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A moderate increase in the construction price index continued
According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2017 was 0.2% compared to the previous quarter and 1.5% compared to the 2nd quarter of 2016.