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GDP flash estimate: recession slowed down in Q2
Kuupäev 31.07.2024
Article
According to Statistics Estonia's preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the second quarter of 2024. GDP fell by approximately 1.7% compared with the second quarter of 2023.
In January, the consumer price index was up by 3.7% year on year
Kuupäev 16.02.2026
Article
Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the last time that the year-on-year increase in the consumer price index was at a similar level was a year ago, in January 2025, when the consumer price index rose by 3.9%. “The rise in the consumer price index for January 2026 compared with December was primarily influenced by electricity, food and alcoholic beverages. The exchange prices of electricity soared in January, so that the electricity price index was up by 22.2% compared with December. Food prices were up by 2.3% in January, with 11.1% more
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Construction volume down by 5% in the third quarter
Kuupäev 27.11.2024
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In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was
Increased prices of wood products had the biggest impact on the producer price index of industrial output
Kuupäev 20.09.2024
Article
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, increased by 1.0% in August 2024 compared with July and by 1.7% compared with August last year.
The 2024 major revision of Estonia’s GDP has been completed
Kuupäev 16.08.2024
Article
Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.
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Construction prices rose by 1.5% last year
Kuupäev 21.01.2026
Article
The construction price index expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2025, compared with the average of 2024, was primarily
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