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The consumer price index grew by 4.6% in August

Date 07.09.2023
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  3. The consumer price index grew by 4.6% in August
According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

The trade deficit was almost two times smaller in November

Date 09.01.2024
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  3. The trade deficit was almost two times smaller in November
According to Statistics Estonia, in November 2023, Estonia’s exports of goods amounted to 1.5 billion and imports to 1.7 billion euros. Compared with November 2022, exports of goods decreased by 12% and imports by 19% at current prices. The trade deficit in November was 200 million euros, which is 198 million euros less than a year earlier.

Analysis of the labour market status of men who have completed conscript service

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  3. Analysis of the labour market status of men who have completed conscript service
How do men who have completed conscript service fare on the labour market, compared to men who have not been conscripts? Do men who have completed conscript service earn higher or lower wages? What stands out about those who served in the Cyber Command?

In June, electricity had the biggest impact on the producer price index

Date 20.07.2021
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  2. In June, electricity had the biggest impact on the producer price index
In June 2021, 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 2.6% compared to May 2021 and by 9.4% compared to June 2020.

The Estonian economy contracted by 1.3% last year

Date 01.03.2023
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  3. The Estonian economy contracted by 1.3% last year
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

In May, housing-related price changes had the biggest impact on the consumer price index

Date 07.06.2022
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  2. In May, housing-related price changes had the biggest impact on the consumer price index
According to Statistics Estonia, in May, the consumer price index increased by 1.9% compared to April, and by 20.0% compared to May 2021. Goods were 15.7% and services 28.8% more expensive than in May last year.

Exports of services reached a record high in the fourth quarter

Date 12.03.2024
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  3. Exports of services reached a record high in the fourth quarter
According to Statistics Estonia and Eesti Pank, in the fourth quarter of 2023, Estonia’s exports of services grew by 5% and imports by 7% compared with the same quarter of 2022. Sales of services to non-residents totalled 3.1 billion euros and purchases of services from non-residents amounted to 2.3 billion euros at current prices. Total exports of services increased by 9% and imports by 8% last year.

In March, the consumer price index was still influenced the most by increased fuel prices

Date 07.04.2022
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  2. In March, the consumer price index was still influenced the most by increased fuel prices
According to Statistics Estonia, in March 2022, the consumer price index increased by 2.7% compared to February 2022 and by 15.2% compared to March 2021. Goods were 13.7% and services 18.1% more expensive than in March last year.

In June, the consumer price index was still affected the most by fuel-related price increases

Date 07.07.2022
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  2. In June, the consumer price index was still affected the most by fuel-related price increases
According to Statistics Estonia, in June, the consumer price index increased by 2.7% compared to May, and by 21.9% compared to June 2021. Goods were 17.9% and services 29.7% more expensive than in June last year.

Recession slowed down in the second quarter. Photo: Shutterstock

Date 31.08.2023
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  3. Recession slowed down in the second quarter. Photo: Shutterstock
According to Statistics Estonia, the gross domestic product (GDP) decreased by 2.9% in the second quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 9.4 billion euros.

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