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Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that although the economy has shown slight growth for two consecutive quarters, the contribution of most sectors has remained insignificant. “Manufacturing was the biggest positive contributor to GDP in the third quarter, with its value added growing by 7.9%. The last time this sector performed so well was in the fourth quarter of 2021. However, it must be noted that production figures were still modest,” noted Müürsepp. In addition to manufacturing, the largest positive contributors to the economy were the energy

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises was up by 1% in December year on year and grew even more in January. “The rise in retail trade volume in January was mainly due to stores selling manufactured goods, where turnover volume rose by 6% compared with January 2024,” explained Pihlak. Among stores selling manufactured goods, turnover volume increased the most, by 15%, in stores selling via mail order or the internet. The volume of turnover was up by 11% in other specialised stores selling predominantly computers and their

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

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

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

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that food prices are the main driver of overall inflation, as food products have the biggest weight in the consumer price index. “The prices of food products decreased in September and October but started to increase again in November,” added Veski. Compared with October, food products were 1% more expensive in November. The biggest impact came from the rise in the prices of vegetables (1.9%), cheese (3.3%), fresh or frozen fish (7.7%) and bread and bakery products (2.7%). Decreases in the prices of fresh fruits

In the case of electricity, housing and rent, the monthly and annual changes were mixed up in the news release. The data published in the table were correct. The corrections are marked in red.Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, month on month, the overall rise in prices has been slowed down mainly by food products as their prices have fallen for two months in a row. In October, food products were 1.2% cheaper than in September. The biggest impact came from the fall in the prices of bread and bakery products (4.8%)

Hendrik Pungar, data scientist at Statistics Estonia, said that, compared with the first quarter, apartment prices were up by 3.2% and the prices of houses by 4.3% in the second quarter. “The prices of new apartments fell slightly in Tartu and Pärnu cities and in areas bordering Tallinn and rose a little in Tallinn and elsewhere in Estonia. In the case of houses, prices increased for both newly built and existing houses,” noted Pungar. Compared with the second quarter of 2025, apartment prices were up by 5.3% and the prices of houses by 6.8%. “The year-on-year change in apartment prices was