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Article

The rise in industrial production volumes slowed down in January

Kuupäev 10.03.2022
Article
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  2. The rise in industrial production volumes slowed down in January
According to Statistics Estonia, in January 2022, the total production of industrial enterprises increased by 1.4% compared to January 2021. Production increased by 1.8% in manufacturing and by 3.9% in mining. Energy production was almost at the same level and grew by just 0.2% year on year.

Industrial production grew by 10% in July

Kuupäev 02.09.2021
Article
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  2. Industrial production grew by 10% in July
According to Statistics Estonia, in July 2021, the total production of industrial enterprises increased by 10% year on year. Production increased by 16% in energy production, by 6% in manufacturing and by 72% in mining.

Economic downturn accelerated again in the third quarter

Kuupäev 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Number of e-commerce users increased again, enterprises start to use artificial intelligence

Kuupäev 17.09.2021
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  2. Number of e-commerce users increased again, enterprises start to use artificial intelligence
According to Statistics Estonia, in 2021, the biggest increase compared to the previous year occurred in people’s use of the internet for participating in online courses. The popularity of e-commerce also grew, with 62% of the population aged 16–74 having made online purchases. Among enterprises, the use of enterprise resource planning and customer relationship management software continues to increase. Enterprises are also trying out AI technologies.

The rise in the volume of industrial production continued in September (corrected on 01.11.2021)

Kuupäev 01.11.2021
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  2. The rise in the volume of industrial production continued in September (corrected on 01.11.2021)
According to Statistics Estonia, in September 2021, the total production of industrial enterprises increased by 9% year on year. Production increased by 20% in energy production and by 8% in manufacturing, but decreased by 2% in mining.

In 2019, economic growth and growth in value added were driven by information and communication

Kuupäev 28.02.2020
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  3. In 2019, economic growth and growth in value added were driven by information and communication
According to Statistics Estonia, the gross domestic product (GDP) of Estonia grew 4.3% in 2019. In the 4th quarter of 2019, the GDP grew 3.9% compared to the same period of the previous year. The Estonian GDP was 28 billion euros at current prices.

In August, industrial production volume grew only in manufacturing

Kuupäev 01.10.2021
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  2. In August, industrial production volume grew only in manufacturing
According to Statistics Estonia, in August 2021, the total production of industrial enterprises increased by 4% year on year. Production increased by 9% in manufacturing, but decreased by 28% in mining and by 16% in energy production.

Production volumes fell in more than a half of manufacturing activities

Kuupäev 06.01.2021
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  2. Production volumes fell in more than a half of manufacturing activities
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.

Producer prices of food products continued to rise in October

Kuupäev 21.11.2022
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  3. Producer prices of food products continued to rise in October
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 0.1% in October compared with September 2022 and by 23.5% compared with October 2021.

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