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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

Retail trade volume down by 1% year on year

Kuupäev 02.01.2025
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  3. Retail trade volume down by 1% year on year
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the decline in the volume of retail trade turnover in November was most affected by grocery stores, as their turnover volume decreased by 4% year on year. “The turnover volume of stores selling manufactured goods, however, continued to grow in November, increasing by 2% compared with the same period last year,” Pihlak noted. Among stores selling manufactured goods, the biggest increase at 15% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports

Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)

Kuupäev 07.02.2025
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  3. Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)
The corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the rise in the consumer price index in January, both compared to December and the same month last year, was mainly due to food products, beverages, and motor vehicle tax. “On the other hand, the index was driven down by the sales on clothing in January and by international flights and holiday trips,” added Veski. Among food products, the biggest increases compared with December 2024 were registered in the prices of fish (31%), whole milk (12%) and fresh vegetables (7%)

Foreign trade decreased significantly in 2023

Kuupäev 09.02.2024
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  3. Foreign trade decreased significantly in 2023
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

Gender pay gap has narrowed in a year

Kuupäev 22.04.2024
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  3. Gender pay gap has narrowed in a year
According to Statistics Estonia, in 2023, the gross hourly earnings of female employees were 13.1% smaller than the earnings of male employees. The gender pay gap decreased by 4.6 percentage points year on year.

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

Construction prices rose by 1.6% in 2024

Kuupäev 21.01.2025
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  3. Construction prices rose by 1.6% in 2024
Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by

Retail trade turnover has been falling for 18 months

Kuupäev 28.03.2024
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  3. Retail trade turnover has been falling for 18 months
According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant prices.

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

Number of tourists in accommodation establishments did not increase significantly in September

Kuupäev 08.11.2024
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  3. Number of tourists in accommodation establishments did not increase significantly in September
Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 6% lower than in September 2019. The number of foreign tourists in accommodation establishments was down by 20%, whereas the number of domestic tourists was 19% higher than in September of the record year before the crisis. “153,000 foreign and 125,000 domestic tourists were accommodated in Estonia in September 2024. The number of domestic tourists fell for the third month in a row,” Laurmaa added. Nearly 46,000 tourists arrived from Finland, representing 30% of all accommodated

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