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Article

The expenditures on R&D were raised by investments in the oil industry

Kuupäev 01.12.2011
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  3. The expenditures on R&D were raised by investments in the oil industry
According to Statistics Estonia, in 2010 the ratio of research and development (R&D) expenditures to the gross domestic product reached a novel level – 1.63%, a year earlier the respective indicator was 1.43%. The improved result was significantly influenced by investments in the technological development made in the oil industry.

The business sector’s profit in the 2nd quarter was mainly based on domestic consumption

Kuupäev 05.09.2012
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  3. The business sector’s profit in the 2nd quarter was mainly based on domestic consumption
According to Statistics Estonia, in the 2nd quarter of 2012, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

In June, the increase in retail sales was mostly influenced by the grocery stores

Kuupäev 31.07.2013
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  3. In June, the increase in retail sales was mostly influenced by the grocery stores
According to Statistics Estonia, in June 2013 compared to June of the previous year, the retail sales of goods of retail trade enterprises increased 4% at constant prices. The increase in sales was mostly influenced by grocery stores, where the retail sales increased 4%.

Labour productivity of the ICT sector exceeds the average of enterprises two times

Kuupäev 19.03.2010
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  3. Labour productivity of the ICT sector exceeds the average of enterprises two times
According to Statistics Estonia, the labour productivity on the base of value added of the information and communications technologies (ICT) sector in 2009 was two times higher than the average of business sector.

Last year Estonia’s trade deficit was the smallest during the last 15 years

Kuupäev 10.02.2010
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  3. Last year Estonia’s trade deficit was the smallest during the last 15 years
According to the preliminary data of Statistics Estonia, in 2009 exports of goods from Estonia amounted to 101.3 billion kroons at current prices and imports to Estonia made up 114.2 billion kroons. The foreign trade deficit amounted to 12.9 billion kroons, which was smaller last in 1995.

Lots of tourists stayed in accommodation establishments in the 1st half of the year

Kuupäev 10.08.2011
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  3. Lots of tourists stayed in accommodation establishments in the 1st half of the year
According to Statistics Estonia, in the 1st half of 2011, nearly 1.2 million foreign and domestic tourists stayed in accommodation establishments, which was 15% more than in the same period of the previous year. The number of tourists in accommodation establishments exceeded also the first half-year result of 2008, i.e. the best year of the past decade, by 10%.

In Estonia, young people have suffered the most due to the economic crisis

Kuupäev 01.10.2009
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  3. In Estonia, young people have suffered the most due to the economic crisis
According to Statistics Estonia, on the labour market of Estonia, young people aged 15–24 have suffered the most due to the economic crisis; their unemployment increased more than three times in the 1st quarter of 2009 compared to the same period of the previous year.

In the 3rd quarter, the year-over-year increase in average monthly gross wages was 5%

Kuupäev 26.11.2014
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  3. In the 3rd quarter, the year-over-year increase in average monthly gross wages was 5%
According to Statistics Estonia, in the 3rd quarter of 2014, the average monthly gross wages and salaries were 977 euros and the average hourly gross wages and salaries were 5.89 euros. Compared to the 3rd quarter of 2013, the average monthly gross wages increased by 5.0% and the average hourly gross wages by 5.6%.

The industrial producer price index did not change in February

Kuupäev 20.03.2017
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  3. The industrial producer price index did not change in February
According to Statistics Estonia, in February 2017, the producer price index of industrial output changed by 0.0% compared to January and by 3.9% compared to February 2016.

The industrial production decreased in June

Kuupäev 31.07.2012
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  3. The industrial production decreased in June
According to Statistics Estonia, in June 2012, the production of industrial enterprises decreased by 4% compared to the same month of the previous year. The main reason for causing the decline was the decrease in energy and mining production.

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