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Article

The economy contracted by 0.7% in Q3

Kuupäev 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

The producer price index of industrial output was up for the third month in a row

Kuupäev 22.12.2025
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  3. The producer price index of industrial output was up for the third month in a row
Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index rose for the third month in a row. “The rise in November was slightly bigger than in October and September,” he noted. “Compared with November 2024, the index was most affected by price increases in electricity and heat energy production and in the manufacture of wood and wood products, peat products and crushed stone,” said Valgenberg. Falling prices in the manufacture of fuel oils, textiles and basic metals had the opposite effect on the index

Retail trade volume up by 5% in June

Kuupäev 31.07.2025
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  3. Retail trade volume up by 5% in June
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in retail trade volume in June was influenced by stores selling manufactured goods and by enterprises engaged in the retail sale of automotive fuel – the turnover volume of each was up by 12% year on year. “However, the turnover volume of grocery stores continued to decline, falling by 4% compared with June last year,” Pihlak added. Among stores selling manufactured goods, the biggest increase at 22% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories

Higher prices of wood products had the biggest impact on the producer price index in March

Kuupäev 21.04.2025
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  3. Higher prices of wood products had the biggest impact on the producer price index in March
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with March 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.7% in the manufacture of food products,” Šokman added. Compared with February, the producer price index in March

Construction volume up by 5% in the first quarter

Kuupäev 27.05.2025
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  3. Construction volume up by 5% in the first quarter
In the first quarter, the total production value of Estonian construction enterprises was €752 million, including €546 million worth of building construction and €206 million worth of civil engineering. Compared with the first quarter of last year, the volume of building construction was up by 10%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 6%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the domestic construction market was mainly affected by the increased

In February, the industrial producer price index was affected the most by the rising price of electricity

Kuupäev 20.03.2025
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  3. In February, the industrial producer price index was affected the most by the rising price of electricity
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with February 2024, the producer price index was most affected by price increases in electricity production, in the manufacture of wood and wood products, and the manufacture of food products. “Falling prices in the manufacture of fabricated metal products, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 2.3% in manufacturing as a whole and by 2.9% in the manufacture of food products,” Šokman added. Compared with January, the producer price

Construction price index up by 1.7% compared with the third quarter of last year

Kuupäev 21.10.2025
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  3. Construction price index up by 1.7% compared with the third quarter of last year
“In the third quarter, the 2% higher cost of materials had the biggest impact on the construction price index compared with the third quarter of last year. The costs of labour force and building machines both rose by 1.2%,” said Ülo Paulus, leading analyst at Statistics Estonia. Compared with the second quarter of 2025, labour costs increased by 0.4% and materials were 0.3% more expensive, while the cost of using building machines decreased by 0.6%. “Prices associated with building machines were mainly driven down by savings from adjusted fuel prices. The higher cost of materials was primarily

In January, the producer price index remained at the same level year on year

Kuupäev 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

Inflation reduced GDP growth to just 0.6% in the second quarter

Kuupäev 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

Retail trade volume increased for the third consecutive month

Kuupäev 28.03.2025
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  3. Retail trade volume increased for the third consecutive month
Johanna Linda Pihlak, analyst at Statistics Estonia, said that, compared with February last year, turnover volume grew by 21% in enterprises engaged in the retail sale of automotive fuel and by 6% in stores selling manufactured goods. “In grocery stores, the volume of turnover declined by 5% in February year on year,” added Pihlak. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. The volume of turnover was up by

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