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Telecommunications, computer and information services had the biggest trade surplus in the second quarter

Kuupäev 10.09.2024
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  3. Telecommunications, computer and information services had the biggest trade surplus in the second quarter
According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

Construction volume down by 6% last year

Kuupäev 21.02.2025
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  3. Construction volume down by 6% last year
The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

The producer price index rose by 0.2% in October year on year

Kuupäev 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Industrial production fell by 4.7% in April

Kuupäev 05.06.2024
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  3. Industrial production fell by 4.7% in April
According to Statistics Estonia, in April 2024, the total production of industrial enterprises fell by 4.7% compared with April last year. Among the three main sectors, output increased by 3.6% in mining and by 10.1% in electricity production but decreased by 5.7% in manufacturing.

Share of environmental goods and services sector in GDP up by a quarter in eight years

Kuupäev 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

Volume of retail trade turnover down by 4% in September

Kuupäev 31.10.2024
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  3. Volume of retail trade turnover down by 4% in September
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the volume of retail trade turnover in September was mainly due to stores selling manufactured goods, as their turnover volume decreased by 6% year on year. “Among stores selling manufactured goods, the biggest decline at 10% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., and also in the turnover volume of stores selling household goods and appliances, hardware and building materials,” added Pihlak

In October, there was an upturn in the turnover volume of stores selling manufactured goods

Kuupäev 28.11.2024
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  3. In October, there was an upturn in the turnover volume of stores selling manufactured goods
Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume fell by 4% in September year on year, the decline was slightly slower in October. “The fall in the volume of retail trade turnover in October was mainly due to grocery stores, as their turnover volume decreased by 4% year on year. However, the turnover volume of stores selling manufactured goods, which had been in decline for over two years, started to rise again in October and was up by 3% year on year,” noted Pihlak. Among stores selling manufactured goods, the biggest increase at 18% was registered in the

Retail trade volume down by 3% last year

Kuupäev 31.01.2025
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  3. Retail trade volume down by 3% last year
Johanna Linda Pihlak, analyst at Statistics Estonia, noted that the biggest decline at 4% was registered in the turnover volume of stores selling manufactured goods. In grocery stores, the volume of turnover was down by 3%. “However, the turnover volume of enterprises engaged in the retail sale of automotive fuel increased by 2% last year,” added Pihlak. Retail trade volume turned to growth again in the last month of the year. “The turnover of retail trade enterprises was €1 billion in December 2024, and compared with the same month in 2023, turnover volume was up by 1%,” Pihlak pointed out

In April, there were fewer tourists accommodated than a year earlier

Kuupäev 07.06.2024
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  3. In April, there were fewer tourists accommodated than a year earlier
According to Statistics Estonia, accommodation establishments served nearly 234,000 tourists in April 2024, which is 7% less than in April last year. There were fewer domestic as well as foreign tourists accommodated.

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

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