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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

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July

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

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that food prices are the main driver of overall inflation, as food products have the biggest weight in the consumer price index. “The prices of food products decreased in September and October but started to increase again in November,” added Veski. Compared with October, food products were 1% more expensive in November. The biggest impact came from the rise in the prices of vegetables (1.9%), cheese (3.3%), fresh or frozen fish (7.7%) and bread and bakery products (2.7%). Decreases in the prices of fresh fruits

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.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

Helga Laurmaa, leading analyst at Statistics Estonia, said that 119,000 foreign and 128,000 domestic tourists were accommodated in Estonia in November 2024. The number of domestic tourists, which was in decline for most months in 2024 year on year, took an upturn in October 2024 and continued this trend in November. Still, the number of tourists remained 6% smaller than in November of 2019, the pre-pandemic record year. “Compared with November 2019, there were 12,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 27,000 in November 2024,” added Laurmaa

Helga Laurmaa, leading analyst at Statistics Estonia, said that nearly 1.86 million foreign tourists and nearly 1.76 million domestic tourists were accommodated in Estonia in 2024. “Compared with 2023, there were 11% more foreign tourists, while the number of domestic tourists remained at the same level. If we compare last year’s figures to 2019, which was the pre-pandemic record year, the number of accommodated domestic tourists has increased by over 200,000 but, at the same time, the number of foreign tourists has decreased by almost 400,000,” noted Laurmaa. Tourist arrivals from Finland

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