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Article

In June, the rise in the consumer price index was the smallest of recent years

Kuupäev 05.07.2024
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  3. In June, the rise in the consumer price index was the smallest of recent years
According to Statistics Estonia, in June, the consumer price index increased by 0.4% compared with May and by 2.5% compared with June 2023. Goods were 1.7% and services 3.8% more expensive than in June last year.

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

Estonian residents have become more aware of the importance of travel insurance

Kuupäev 23.08.2024
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  3. Estonian residents have become more aware of the importance of travel insurance
The value of travel insurance policies taken out in Estonia was 25.7 million euros in 2023, and 22.4 million euros in 2022. How common is travel insurance in Estonia? What is the total value of premiums and claims paid? In this blog post, Statistics Estonia’s analyst Egle Loorits takes a closer look at the latest data on travel insurance.

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Producer price index of industrial output down by 2.9% from last year (Corrected on 20.05.24)

Kuupäev 20.05.2024
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  3. Producer price index of industrial output down by 2.9% from last year (Corrected on 20.05.24)
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 0.3% in April 2024 compared with March and decreased by 2.9% compared with April last year.

Intrastat

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What is Intrastat?

Intrastat (Intra-EU Trade Statistics) is the special data system for collecting statistics on the trade in goods between the Member States of the European Union (EU). The Intrastat system became operational in 1993 with the creation of the EU Common Market when the customs checks on the EU internal borders disappeared. This meant that the production of foreign trade statistics using the data from customs declarations was no longer possible. Consequently, it became necessary to collect the data directly from economic units engaging in foreign trade.

In the case of Intra-EU

Dwelling price indices fell in the third quarter compared with the previous quarter

Kuupäev 22.12.2023
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  3. Dwelling price indices fell in the third quarter compared with the previous quarter
According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

The consumer price index rose by 2.9% in May

Kuupäev 07.06.2024
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  3. The consumer price index rose by 2.9% in May
According to Statistics Estonia, in May, the consumer price index increased by 0.1% compared with April and by 2.9% compared with May 2023. Goods were 2.6% and services 3.3% more expensive than in May last year.

The consumer price index rose by 1.4% in January compared with December

Kuupäev 07.02.2024
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  3. The consumer price index rose by 1.4% in January compared with December
According to Statistics Estonia, in January, the consumer price index increased by 1.4% compared with December and by 4.7% compared with January 2023. Goods were 2.9% and services 7.9% more expensive than in January last year.

Producer price index of industrial output down by 3.9% from last year

Kuupäev 22.04.2024
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  3. Producer price index of industrial output down by 3.9% from last year
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, fell by 0.4% in March 2024 compared with February and by 3.9% compared with March last year.

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