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The rise in construction prices in the first quarter was held back by lower costs for materials and machinery
According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of 2023 and by 0.9% compared with the first quarter of last year.
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Gender pay gap has narrowed in a year
According to Statistics Estonia, in 2023, the gross hourly earnings of female employees were 13.1% smaller than the earnings of male employees. The gender pay gap decreased by 4.6 percentage points year on year.
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Producer price index of industrial output down by 3.9% from last year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 0.4% in March 2024 compared with February and by 3.9% compared with March last year.
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In February, there were more foreign tourists accommodated in Estonia than a year earlier
According to Statistics Estonia, nearly 225,000 tourists stayed in accommodation establishments in February 2024, which is 1% more than in February last year. The number of domestic tourists decreased a little, while the number of foreign tourists increased.
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The decline in foreign trade in goods in February was mainly due to mineral fuels
According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.
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Industrial production up in mining and electricity production, down in manufacturing
According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.