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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

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 fall in the consumer price index in November compared with October was mainly due to cheaper international flights and holiday trips, which had been priced higher in October due to the school holidays. “The index was also affected by rent and electricity being cheaper than in October. Compared with November last year, the index was driven up the most by price increases related to food products and phone services,” explained Veski. Among food products, there has been a significant rise in the prices of non

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

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

According to Statistics Estonia, in July 2024, Estonia’s exports of goods increased by 5% and imports by 1% compared with July 2023. Exports of goods amounted to over €1.3 billion and imports to nearly €1.7 billion at current prices. The trade deficit was €321 million, which is €59 million less than in July last year.

Tea Vassiljeva, analyst at Statistics Estonia, noted that the unemployment rate fell by 0.2 percentage points compared with the second quarter. “The number of the unemployed was 56,300 in the third quarter, and it has been slowly declining since the beginning of the year, but there were still 1,500 more unemployed persons than in the third quarter of 2023,” she said. Compared with the second quarter of 2024, the number of unemployed persons was down by 1,500 in the third quarter. Unemployment fell particularly among men and young people aged 15–24. “There were 2,300 fewer unemployed people in

“In the third quarter, the total number of vacant and occupied posts was a little under 604,000. The majority of the posts were in manufacturing, trade, and education,” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.6% of the total number of posts. The number of job vacancies was the highest in education (1,674), trade (1,322), and public administration and defence (1,278). The number of people leaving their job was the greatest in wholesale and retail trade. The number of people hired was the highest in education. The number of people leaving their job at

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

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