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Article

Inflation reduced GDP growth to just 0.6% in the second quarter

Kuupäev 31.08.2022
Article
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

Industrial production decreased in October

Kuupäev 03.12.2019
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  3. Industrial production decreased in October
According to Statistics Estonia, in October 2019, the production of industrial enterprises decreased by 4% compared to October 2018. Production remained at the same level in manufacturing but decreased in energy and mining.

Manufacture of food products increased in February

Kuupäev 09.04.2020
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  3. Manufacture of food products increased in February
According to Statistics Estonia, in February 2020, the production of industrial enterprises remained at the level of February 2019. Of the three sectors of industry, production increased in manufacturing, but decreased in energy and mining.

Electricity production increased last year

Kuupäev 01.09.2017
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  3. Electricity production increased last year
According to Statistics Estonia, in 2016, the production of electricity totalled 12 terawatt-hours, which is 17% more than in the previous year. Electricity production from renewable sources decreased 6% compared to 2015.

In May, housing-related price changes had the biggest impact on the consumer price index

Kuupäev 07.06.2022
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  2. In May, housing-related price changes had the biggest impact on the consumer price index
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.

The volume of industrial production reached last year’s level

Kuupäev 31.08.2020
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  3. The volume of industrial production reached last year’s level
According to Statistics Estonia, in July 2020, the production of industrial enterprises was the same as in July 2019. Production decreased in manufacturing but increased in energy and mining.

In March, the production of shale oil fell

Kuupäev 08.05.2020
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  3. In March, the production of shale oil fell
According to Statistics Estonia, in March 2020, the production of industrial enterprises decreased by 8% compared to March 2019. Production decreased in all industrial activities: manufacturing, energy production and mining.

Growth in wages and salaries stalled across Estonia

Kuupäev 27.08.2020
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  2. Growth in wages and salaries stalled across Estonia
According to Statistics Estonia, in the 2nd quarter of 2020, the average monthly gross wages and salaries were 1,433 euros, which is 1% higher than last year. While in county comparison, both increase and decrease in wages could be observed, the year-on-year growth has not been as modest in ten years.

Average wages and salaries rose last year, while real wages fell

Kuupäev 06.03.2023
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  3. Average wages and salaries rose last year, while real wages fell
In 2022, the average monthly gross wages and salaries in Estonian companies, institutions, and organisations were 1,685 euros, which is 8.9% more than in 2021. However, the average real wages decreased by 8.8% to 1,358 euros last year.

Turnover and investments of the business sector increased

Kuupäev 27.02.2020
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  3. Turnover and investments of the business sector increased
According to the preliminary data of Statistics Estonia, in 2019, turnover increased in most economic activities. Trade, manufacturing and information and communication enterprises contributed the most to the turnover of the business sector. The growth in the sector’s turnover was negatively affected mainly by energy and mining.

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