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Decline in the turnover of retail trade enterprises accelerated to 13% in March

Date 28.04.2023
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  3. Decline in the turnover of retail trade enterprises accelerated to 13% in March
According to Statistics Estonia, in March, the turnover of retail trade enterprises was 868 million euros. Compared with March 2022, turnover decreased by 13% at constant prices.

In September, the prices of juices and syrups increased the most among food products

Date 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

In July, retail trade turnover remained at last year’s level

Date 30.08.2022
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  2. In July, retail trade turnover remained at last year’s level
According to Statistics Estonia, in July, the turnover of retail trade enterprises was 919 million euros. Compared with July 2021, turnover remained at a similar level at constant prices.

Foreign trade grew by 14% in Q1, growth slowed down in Q2

Date 11.08.2025
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  3. Foreign trade grew by 14% in Q1, growth slowed down in Q2
“In the first half of 2025, foreign trade in goods increased by 9%. Exports of goods amounted to nearly €9.3 billion and imports to almost €11.1 billion at current prices,” said Jane Leppmets, foreign trade analyst at Statistics Estonia. “The main commodities exported in the first half of the year were electrical equipment, agricultural products and food preparations, and wood and articles of wood. The main commodities imported were transport equipment, agricultural products and food preparations, and electrical equipment,” Leppmets noted, adding that the top export and import partners in the

In the fourth quarter, the economy contracted by 1.2%

Date 01.03.2021
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  2. In the fourth quarter, the economy contracted by 1.2%
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

The dwelling price index rose by 6.1% in 2024

Date 21.03.2025
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  3. The dwelling price index rose by 6.1% in 2024
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

Retail trade turnover down by 2% in November

Date 30.12.2022
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  3. Retail trade turnover down by 2% in November
According to Statistics Estonia, in November, the turnover of retail trade enterprises was 939 million euros. Compared with November 2021, turnover decreased by 2% at constant prices.

Decline in retail trade turnover in October was most affected by grocery stores

Date 29.11.2022
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  3. Decline in retail trade turnover in October was most affected by grocery stores
According to Statistics Estonia, in October, the turnover of retail trade enterprises was 896 million euros. Compared with October 2021, turnover decreased by 4% at constant prices.

Foreign trade decreased significantly in 2023

Date 09.02.2024
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  3. Foreign trade decreased significantly in 2023
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

The economy contracted by 0.7% in Q3

Date 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

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