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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

Retail trade volume down by 1% year on year

Kuupäev 02.01.2025
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  3. Retail trade volume down by 1% year on year
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the decline in the volume of retail trade turnover in November was most affected by grocery stores, as their turnover volume decreased by 4% year on year. “The turnover volume of stores selling manufactured goods, however, continued to grow in November, increasing by 2% compared with the same period last year,” Pihlak noted. Among stores selling manufactured goods, the biggest increase at 15% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports

General government debt continued to grow in 2024, while the budget deficit decreased

Kuupäev 25.03.2025
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  3. General government debt continued to grow in 2024, while the budget deficit decreased
In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

The consumer price index down by 1.1% in September compared with August

Kuupäev 07.10.2025
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  3. The consumer price index down by 1.1% in September compared with August
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the last time the consumer price index fell compared with the previous month was in March this year, when it was down by 0.5%. However, the last time we saw such a big drop as we are seeing now was nearly three years ago, in October 2022. “Compared with September last year, the rise in the consumer price index was primarily driven by food prices, which were up by 7.7%,” Veski noted, commenting on the year-on-year increase in the index. Among food products, the most significant year-on-year price increases were

In June, more tourists stayed in accommodation establishments than a year ago

Kuupäev 08.08.2024
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  3. In June, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, accommodation establishments served over 384,000 tourists in June 2024, which is 14% more than in June last year. There were more domestic as well as foreign tourists accommodated.

Producer price index of industrial output, export and import price index, September 2024

Kuupäev 21.10.2024
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  3. Producer price index of industrial output, export and import price index, September 2024
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the

The consumer price index rose by 6.1% year on year

Kuupäev 05.09.2025
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  3. The consumer price index rose by 6.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July

Manufacturing output up by 0.8% in October

Kuupäev 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

The numbers of unemployed and employed persons both increased last year

Kuupäev 14.02.2025
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  3. The numbers of unemployed and employed persons both increased last year
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

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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