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Increased imports led to a higher trade deficit in February

Date 11.04.2022
Article
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  2. Increased imports led to a higher trade deficit in February
According to Statistics Estonia, in February 2022, Estonia’s exports of goods increased by 18% and imports by 35% compared to February 2021. The rise in imports was significantly influenced by the greater imports of electricity and mineral fuels.

Emptying blocks of flats in Valga and Lüganuse rural municipalities and Kohtla-Järve city

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  2. Emptying blocks of flats in Valga and Lüganuse rural municipalities and Kohtla-Järve city
How many blocks of flats are there in Kohtla-Järve city and Lüganuse and Valga rural municipalities in which all or most dwellings are unoccupied? Can this question be answered by looking at electricity consumption data? We prepared an analysis, using place of residence registrations and electricity consumption data, to determine how many of the flats in the blocks of flats in Kohtla-Järve city and Lüganuse and Valga rural municipalities are empty.

Imports of goods increased in November

Date 09.01.2023
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  3. Imports of goods increased in November
According to Statistics Estonia, in November 2022, Estonia’s exports of goods at current prices remained at the same level and imports increased by 12% compared with November 2021.

Decline in construction volumes continued in the first quarter

Date 27.05.2024
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  3. Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

In February, the price increase of food had a bigger impact on the consumer price index

Date 07.03.2022
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  2. In February, the price increase of food had a bigger impact on the consumer price index
According to Statistics Estonia, in February 2022, the consumer price index rose by 1.5% compared to January 2022 and by 12.0% compared to February 2021. Goods were 10.7% and services 14.5% more expensive than in February last year.

Share of environmental goods and services sector in GDP up by a quarter in eight years

Date 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

Industrial production continued to fall in October

Date 04.12.2023
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  3. Industrial production continued to fall in October
According to Statistics Estonia, in October 2023, the total production of industrial enterprises decreased by 12.2% at constant prices compared with the corresponding month of 2022. Output declined in two of the three main sectors: by 14.0% in electricity production and by 12.6% in manufacturing. In mining, output increased by 12.9%.

Construction volume down by 5% in the third quarter

Date 27.11.2023
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  3. Construction volume down by 5% in the third quarter
According to Statistics Estonia, in the third quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% at constant prices compared with the third quarter of 2022. Considering only the domestic market, the fall in construction volume was 7%.

Average wages and salaries were €1,959 in Q3

Date 25.11.2024
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  3. Average wages and salaries were €1,959 in Q3
“Looking at the wage change trend, wage growth is still slower now than in 2023,” said Sigrid Saagpakk, analyst at Statistics Estonia. Average wages in seven groups of economic activities are higher than the national average Saagpakk stated that the average monthly gross wages and salaries in the third quarter of 2024 were the highest in information and communication (€3,506), financial and insurance activities (€3,068), and electricity, gas, steam and air conditioning supply (€2,540). The lowest average monthly gross wages and salaries were seen in accommodation and food service (€1,285)

In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood

Date 10.05.2023
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  3. In March, foreign trade was affected by the decreased trade in mineral fuels, metals and wood
According to Statistics Estonia, in March 2023, Estonia’s exports and imports of goods decreased by 15% and 12%, respectively, compared with March 2022. In the first quarter as a whole, both exports and imports of goods fell by 8%.

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