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Article

The wide-ranging decline in industrial production continued in August

Date 04.10.2023
Article
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  3. The wide-ranging decline in industrial production continued in August
According to Statistics Estonia, in August 2023, the total production of industrial enterprises decreased by 11.9% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 26.2% in electricity production, by 9.3% in manufacturing and by 41.5% in mining.

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

Date 07.07.2022
Article
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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.

The decline in industrial production was slower in November

Date 05.01.2024
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  3. The decline in industrial production was slower in November
According to Statistics Estonia, in November 2023, the total production of industrial enterprises decreased by 5.8% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 10.8% in electricity production, by 5.4% in manufacturing and by 2.4% in mining.

In the first quarter, the economy contracted by 2.4%

Date 31.05.2024
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  3. In the first quarter, the economy contracted by 2.4%
According to Statistics Estonia, in the first quarter of 2024, the gross domestic product (GDP) decreased by 2.4% compared with the same period of 2023. The GDP at current prices amounted to 8.9 billion euros.

In April, the consumer price index was influenced the most by rising food prices

Date 08.05.2023
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  3. In April, the consumer price index was influenced the most by rising food prices
According to Statistics Estonia, in April, the consumer price index increased by 2.0% compared with March and by 13.5% compared with April 2022. Goods were 13.6% and services 13.1% more expensive than in April 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

Producer price index increased in April

Date 20.05.2019
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  3. Producer price index increased in April
According to Statistics Estonia, in April 2019, the change in the producer price index of industrial output was 0.7% compared to March 2019 and 1.6% compared to April 2018.

In September, production decreased significantly in the electronics industry

Date 03.11.2023
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  3. In September, production decreased significantly in the electronics industry
According to Statistics Estonia, in September 2023, the total production of industrial enterprises decreased by 12.5% at constant prices compared with the corresponding month of 2022. Output fell in two sectors: by 37.6% in electricity production and by 10.9% in manufacturing. In mining, output remained almost at the same level, as the decrease was just 0.3% year on year.

The producer price index decreased in February

Date 20.03.2019
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  3. The producer price index decreased in February
According to Statistics Estonia, in February 2019, the change in the producer price index of industrial output was –0.5% compared to January 2019 and 0.6% compared to February 2018.

Exports of goods of Estonian origin decreased in June

Date 09.08.2023
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  3. Exports of goods of Estonian origin decreased in June
According to Statistics Estonia, in June, Estonia’s exports of goods amounted to 1.6 billion and imports to 1.9 billion euros. Compared with June 2022, exports of goods decreased by 14% and imports by 13% at current prices. The trade deficit in June was 271 million euros, which is 33 million euros less than in the same month last year.

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