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Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with July 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole; prices in the manufacture of food products continued to rise and were up by 5.2% year on year,” added Šokman. Compared with June, the producer price index in July

According to Statistics Estonia, in April, the consumer price index increased by 0.9% compared with March and by 2.8% compared with April 2023. Goods were 2.4% and services 3.3% more expensive than in April last year.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the biggest impact on the consumer price index in 2024 came from price increases related to food and non-alcoholic beverages, which accounted for 23.7% of the total index rise. The prices of food and non-alcoholic beverages rose by 3.2% last year. “Among food products, the biggest rise occurred in the prices of olive oil (44%) and juices and syrups (36.7%). The prices of chocolate also went up significantly (14.5%). On the other hand, there was a considerable decrease in the prices of sugar (18%) and fresh

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

The total number of vacant and occupied posts in the fourth quarter was a little under 599,000. “The number of vacant posts was the highest in public administration and defence and compulsory social security (1,277). The number of occupied posts was the greatest in manufacturing (98,898),” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.5% of the total number of posts. In addition to public administration, the other activities with a bigger number of job vacancies were information and communication (1,205), trade (1,187) and education (1,120). The number of

According to Statistics Estonia and Eesti Pank, in the second quarter of 2024, Estonia’s exports and imports of services both grew by 3%. Exports of services totalled 3.1 billion euros and imports of services 2.3 billion euros at current prices. The balance of foreign trade in services was in surplus by 802 million euros, which is 39 million euros more than in the second quarter last year.

Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

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.

Tea Vassiljeva, analyst at Statistics Estonia, said that the average number of the unemployed in 2024 was 57,100 which is 9,400 more than in 2023. “Compared with 2023, unemployment increased in all age groups and among both men and women. The unemployment rate in 2024 was 7.6%. It was 1.2 percentage points higher than in 2023,” explained Vassiljeva. She added that female and male unemployment rates were similar – 7.5% and 7.6%, respectively. Unemployment indicators went up sharply in the first quarter of 2024. “For the rest of the year, there was gentle decline and stabilisation. The