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Producer price index of industrial output

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  3. Producer price index of industrial output
The producer price index of industrial output expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for exports. Statistics Estonia updates the weights system of the producer price index of industrial output and the base prices used for its calculation every year. The weights system corresponds to the industrial sales structure of enterprises in the year before the last. The base prices used for the calculation of the producer price index are prices of December of the last year. Last year’s December is the linking month. The annual

In 2011 the oil industry accounted for one third in Estonian R&D expenditure

Kuupäev 03.12.2012
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  3. In 2011 the oil industry accounted for one third in Estonian R&D expenditure
According to Statistics Estonia, in 2011 the ratio of research and development expenditures to the gross domestic product rose upon a novel level – 2.41%, surpassing for the first time the EU mean of 2.03%.

The expenditures on R&D were raised by investments in the oil industry

Kuupäev 01.12.2011
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  3. The expenditures on R&D were raised by investments in the oil industry
According to Statistics Estonia, in 2010 the ratio of research and development (R&D) expenditures to the gross domestic product reached a novel level – 1.63%, a year earlier the respective indicator was 1.43%. The improved result was significantly influenced by investments in the technological development made in the oil industry.

Industrial production up by 2.3% in February

Kuupäev 04.04.2025
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  3. Industrial production up by 2.3% in February
Helle Bunder, leading analyst at Statistics Estonia, said that, in February, there was an increase in total industrial production as well as in the volume of manufacturing production. “The rise in manufacturing production was mainly due to the 7.3% increase in the manufacture of food products, where output was boosted significantly by the manufacture of milk and manufacture of other food products, including sugar, sugar confectionery, prepared meals, tea and coffee, and spices,” explained Bunder. In February, the volume of industrial production increased in nearly half of manufacturing

In November, the volume of industrial production was unchanged year on year

Kuupäev 06.01.2025
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  3. In November, the volume of industrial production was unchanged year on year
Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

Industrial production in August declined significantly in the manufacture of wood

Kuupäev 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

The decline in industrial production continued in July

Kuupäev 04.09.2024
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  3. The decline in industrial production continued in July
According to Statistics Estonia, in July 2024, the total production of industrial enterprises decreased by 5.8% at constant prices compared with July last year. Among the three main sectors, output increased by 16.9% in mining and by 16.3% in electricity production but decreased by 7.8% in manufacturing.

Industrial production fell by 3% in June

Kuupäev 05.08.2024
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  3. Industrial production fell by 3% in June
According to Statistics Estonia, in June 2024, the total production of industrial enterprises fell by 3% compared with June last year. Among the three industrial sectors, output increased by 4% in electricity production but decreased by 19.7% in mining and by 2.3% in manufacturing.

The decline in industrial production volumes was slower in May

Kuupäev 04.07.2024
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  3. The decline in industrial production volumes was slower in May
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.

Unemployment decreased a little, employment is rising

Kuupäev 15.08.2024
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  3. Unemployment decreased a little, employment is rising
According to Statistics Estonia, in the second quarter of 2024, the unemployment rate was 7.6%, the employment rate was 69.7%, and the labour force participation rate was 75.4%.

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