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Volume of industrial production decreased by 4% in 2024

Kuupäev 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

The decline in the producer price index of industrial output continued

Kuupäev 20.03.2024
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  3. The decline in the producer price index of industrial output continued
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 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

Producer price index of industrial output down by 1.5% from last year

Kuupäev 29.02.2024
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  3. Producer price index of industrial output down by 1.5% from last year
According to Statistics Estonia, 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, rose by 2.0% in January 2024 compared with December 2023 and fell by 1.5% compared with January last year.

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According to revised data, economic growth is yet to be seen

Kuupäev 30.05.2025
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  3. According to revised data, economic growth is yet to be seen
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

In October, the consumer price index rose by 4.1% year on year

Kuupäev 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

Producer price index of industrial output down by 3.0% from last year

Kuupäev 20.11.2023
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  3. Producer price index of industrial output down by 3.0% 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 October 2023 compared with September and by 3.0% compared with October last year.

In November, the volume of industrial production was unchanged year on year

Kuupäev 06.01.2025
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  3. In November, the volume of industrial production was unchanged year on year
Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

The unemployment rate was 7.5% last year

Kuupäev 16.02.2026
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  3. The unemployment rate was 7.5% last year
Tea Vassiljeva, analyst at Statistics Estonia, explained that the unemployment rate, i.e. the share of the unemployed in the labour force, was 7.5% last year, which is just 0.1 percentage points lower than in 2024. In 2025, the average number of the unemployed was 56,200 – this is down by 900 from the year before. Unemployment grew the most among young men “Unemployment decreased among women but increased among men. Women’s unemployment rate, which was 7.5% in 2024, dropped to 6.6% in 2025. As for men, their unemployment rate grew by 0.7 percentage points compared with 2024 and reached 8.3% as

Producer price index of industrial output fell by 2.5% year on year

Kuupäev 20.10.2023
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  3. Producer price index of industrial output fell by 2.5% year on 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, increased by 0.7% in September 2023 compared with August and decreased by 2.5% compared with September last year.

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