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Classification of goods by textual description: an applied study

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All countries involved in foreign trade are likely to feel the need for automatic classification of goods as there are numerous commodities, different goods have different tax rates and countries are interested in the structure of trade. Is it possible to automate the assignment of commodity codes using the text of the commodity description, and if so, to what degree of accuracy?

The number of people who are at risk of poverty decreased

Kuupäev 18.12.2020
Article
According to Statistics Estonia, 2.3% of the population of Estonia lived in absolute poverty and 20.7% lived at risk of poverty in 2019. Compared to 2018, the share of people at risk of poverty fell by one percentage point. The share of people living in absolute poverty rose by 0.1 percentage point.

Production volumes fell in more than a half of manufacturing activities

Kuupäev 06.01.2021
Article
According to Statistics Estonia, in November 2020, the production of industrial enterprises decreased by 2% compared to November 2019. In the three main industrial sectors, production fell by 1% in manufacturing and by 12% in energy production, but grew by 2% in mining.

The number of job vacancies decreased by a fourth year on year

Kuupäev 09.12.2020
Article
According to Statistics Estonia, in the third quarter of 2020, there were 8,689 vacancies in the enterprises, institutions and organisations of Estonia. This is 27% less than in the third quarter of 2019. The biggest labour turnover was recorded in wholesale and retail trade, manufacturing, and education.

Estonian residents live more years in good health

Kuupäev 28.06.2023
Article
According to Statistics Estonia, in 2022, life expectancy at birth was 78.1 years in Estonia. Male life expectancy was 73.6 years and female life expectancy was 82.3 years. Men live disability-free for 57.9 years and women for 60.6 years.

Domestic tourists kept Estonian accommodation establishments afloat

Kuupäev 07.12.2020
Article
According to Statistics Estonia, 158,000 tourists stayed in Estonian accommodation establishments in October, with 284,000 nights spent in total. There was a 45% decrease in the number of visitors compared to October 2019.

Consumer price index continued to fall in October

Kuupäev 06.11.2020
Article
According to Statistics Estonia, the change of the consumer price index in October 2020 was -0.5% compared to September 2020 and -1.5% compared to October 2019. Year on year, goods were 0.9% and services 2.4% cheaper.