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Industrial production fell in 2022 due to weaker performance in the second half of the year

Kuupäev 06.02.2023
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  3. Industrial production fell in 2022 due to weaker performance in the second half of the year
According to Statistics Estonia, in 2022, the total production of industrial enterprises fell by 1.9% at constant prices compared with the year before. Of the three main industrial sectors, production increased by 7.3% in mining and by 5.4% in energy production but decreased by 2.7% in manufacturing.

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.

In January, the decline in industrial production slowed down

Kuupäev 10.03.2023
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  3. In January, the decline in industrial production slowed down
According to Statistics Estonia, in January 2023, the total production of industrial enterprises decreased by 7.3% at constant prices compared with January 2022. Output fell in all three sectors – by 14.2% in electricity production, by 6.3% in manufacturing and by 2.9% in mining.

In March, the decline in industrial production accelerated

Kuupäev 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.

Producer price index of industrial output continues to rise

Kuupäev 20.06.2022
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  2. Producer price index of industrial output continues to rise
In May 2022, 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 3.1% compared to April 2022 and by 33.7% compared to May 2021.

The decline in industrial production was wide-ranging in February

Kuupäev 06.04.2023
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  3. The decline in industrial production was wide-ranging in February
According to Statistics Estonia, in February 2023, the total production of industrial enterprises decreased by 7.4% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 4.0% in electricity production, by 7.7% in manufacturing, and by 8.2% in mining.

Growth of industrial production slowed down in April

Kuupäev 02.06.2022
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  2. Growth of industrial production slowed down in April
According to Statistics Estonia, in April 2022, the total production of industrial enterprises increased by 3.8% at constant prices compared to April 2021. Output increased in two of the three industrial sectors: by 3.7% in manufacturing and by 9.6% in electricity production. In mining, output fell by 13.0%.

In 2021, average monthly gross wages and salaries rose by 6.9%

Kuupäev 03.03.2022
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  2. In 2021, average monthly gross wages and salaries rose by 6.9%
According to Statistics Estonia, in 2021, the average monthly gross wages and salaries in the enterprises, institutions and organisations of Estonia were 1,548 euros, which is 6.9% more than in 2020. Wage growth recovered following a slowdown in 2020 and reached the pre-pandemic level.

Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

In the last quarter of 2023, the average monthly gross wages were 1,904 euros

Kuupäev 06.03.2024
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  3. In the last quarter of 2023, the average monthly gross wages were 1,904 euros
According to Statistics Estonia, in the fourth quarter of 2023, the average monthly gross wages and salaries were 1,904 euros, which is 9.7% higher than in the same quarter the year before. In 2023 as a whole, the average monthly gross wages and salaries were 1,832 euros, up by 11.3% compared with 2022. The median monthly gross wages were 1,578 euros in the fourth quarter of 2023 and 1,501 euros in 2023 overall.

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