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In January, the producer price index remained at the same level year on year

Kuupäev 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

The numbers of unemployed and employed persons both increased last year

Kuupäev 14.02.2025
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  3. The numbers of unemployed and employed persons both increased last year
Tea Vassiljeva, analyst at Statistics Estonia, said that the average number of the unemployed in 2024 was 57,100 which is 9,400 more than in 2023. “Compared with 2023, unemployment increased in all age groups and among both men and women. The unemployment rate in 2024 was 7.6%. It was 1.2 percentage points higher than in 2023,” explained Vassiljeva. She added that female and male unemployment rates were similar – 7.5% and 7.6%, respectively. Unemployment indicators went up sharply in the first quarter of 2024. “For the rest of the year, there was gentle decline and stabilisation. The

In May, the number of tourists accommodated increased year on year

Kuupäev 08.07.2024
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  3. In May, the number of tourists accommodated increased year on year
According to Statistics Estonia, accommodation establishments served over 293,000 tourists in May 2024, which is 11% more than in May last year. There were more domestic as well as foreign tourists accommodated.

Foreign trade grew in October, exports of goods of Estonian origin up by 17%

Kuupäev 09.12.2024
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  3. Foreign trade grew in October, exports of goods of Estonian origin up by 17%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that compared with October 2023, the growth in foreign trade in October 2024 was the highest this year. “Re-exports of goods increased by 5% in October, while exports of goods of Estonian origin grew by as much as 17%. The share of goods of Estonian origin in total exports was also up from October last year, accounting for 66% in October 2024. Wood and articles of wood as well as electrical equipment of Estonian origin were the most exported items. The exports of these goods also increased the most,” Leppmets pointed out. The

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

GDP flash estimate: economy contracted by 0.1% in Q4

Kuupäev 30.01.2025
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  3. GDP flash estimate: economy contracted by 0.1% in Q4
Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that the preliminary estimate shows signs of improvement in the Estonian economy in the fourth quarter of last year. “There was no more major recession, as the seasonally and working-day adjusted GDP remained unchanged from the third quarter of 2024. Compared with the fourth quarter of 2023, the economy contracted only slightly,” noted Müürsepp. Statistics Estonia will publish GDP data for the fourth quarter of 2024 on 3 March . See also the GDP flash estimate in the statistical database . Learn more about national

Sales of pesticides down for the second year in a row

Kuupäev 12.06.2024
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  3. Sales of pesticides down for the second year in a row
According to Statistics Estonia, 713.5 tonnes of pesticides by active substance were placed on the market in Estonia in 2023, which is a tenth less than in 2022 and less than in the four previous years as well. The majority of pesticides sold were again herbicides.

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%)

Construction volume down by 6% last year

Kuupäev 21.02.2025
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  3. Construction volume down by 6% last year
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

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