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The rise in construction prices in the first quarter was curbed by the lower cost of materials

Date 22.04.2025
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  3. The rise in construction prices in the first quarter was curbed by the lower cost of materials
Ülo Paulus, leading analyst at Statistics Estonia, said that in the first quarter of this year, compared with the same period in 2024, the construction price index was primarily influenced by the 2.9% increase in employees’ wages, which accounted for 54% of the index change. “Compared with the fourth quarter of last year, labour force was 0.6% more expensive and the cost of using building machines rose by 0.3%, while the prices of building materials were down by 0.2%,” explained Paulus. The repair and reconstruction work price index decreased by 0.5% compared with the fourth quarter of 2024

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Date 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

There was a broad-based decline in retail trade turnover in July

Date 30.08.2023
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  3. There was a broad-based decline in retail trade turnover in July
According to Statistics Estonia, in July, the turnover of retail trade enterprises was 893 million euros. Compared with July 2022, turnover fell by 9% at constant prices.

Increased prices of wood products had the biggest impact on the producer price index of industrial output

Date 20.09.2024
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  3. Increased prices of wood products had the biggest impact on the producer price index of industrial output
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 1.0% in August 2024 compared with July and by 1.7% compared with August last year.

Output declined in most industrial activities in May

Date 04.07.2023
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  3. Output declined in most industrial activities in May
According to Statistics Estonia, in May 2023, the total production of industrial enterprises decreased by 12.7% at constant prices compared with the corresponding month of 2022. Output declined in two of the three main sectors: by 31.5% in electricity production and by 13.1% in manufacturing. In mining, output increased by 36.3%.

Retail trade turnover has been falling for 18 months

Date 28.03.2024
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  3. Retail trade turnover has been falling for 18 months
According to Statistics Estonia, in February 2024, the turnover of retail trade enterprises was 739 million euros. Compared with February 2023, turnover fell by 3% at constant prices.

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.

In March, the decline in industrial production accelerated

Date 04.05.2023
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  3. In March, the decline in industrial production accelerated
According to Statistics Estonia, in March 2023, the total production of industrial enterprises decreased by 12.6% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 18.5% in electricity production, by 11.9% in manufacturing, and by 14.9% in mining.

Construction volume fell by 6% last year

Date 23.02.2024
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  3. Construction volume fell by 6% last year
According to the preliminary data of Statistics Estonia, in 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% at constant prices compared with 2022. Considering only the domestic market, the fall in construction volume was 7%.

Decline in retail trade volume in April was most affected by grocery stores

Date 30.05.2024
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  3. Decline in retail trade volume in April was most affected by grocery stores
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.

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