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HICP flash estimate: prices up by 0.5% in July
According to the preliminary estimate of Statistics Estonia, in July, the harmonised index of consumer prices, which takes into account the expenditures of tourists, rose by 0.5% compared with June. Compared with July 2025, the index rose by 2%. This is a flash estimate which will be refined once more detailed data on July prices are received.
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GDP flash estimate: the economy grew by 2.1% in Q2
According to the preliminary estimate of Statistics Estonia, in the second quarter of 2026, the gross domestic product (GDP) increased by 2.1% compared with the same period of 2025.
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Estonians’ assessment of the economy has improved, while confidence in the construction and trade sectors somewhat declined
Today, on 28 July, Statistics Estonia published the July data of the business and consumer surveys that measure the economic confidence of enterprises and consumers. The results show that the confidence of construction and trade enterprises has declined slightly, while assessments in other sectors and among consumers improved.
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In May, there were 5% more accommodated tourists than the year before
According to Statistics Estonia, accommodation establishments served nearly 320,300 tourists in May 2026, which is 5% more than in May last year. Year on year, there were 9% more foreign tourists, and the number of domestic tourists remained at the same level.
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Renewable energy and energy efficiency solutions are the main drivers of Estonia’s output of environmental goods and services
According to Statistics Estonia, the output of environmental goods and services in 2023 was 4.1 billion euros. The value added of the environmental goods and services sector represented 3.9% of the gross domestic product (GDP) in 2023.
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Estonia spent nearly 715 million euros on environmental protection in 2022
According to Statistics Estonia, Estonia’s environmental protection expenditure in real terms increased by nearly 37% in the period 2014–2022, that is, from 527 to 715 million euros. The environmental protection activity with the highest expenditure in 2022 was waste management with 347 million euros. The biggest environmental protection investments, worth 75 million euros, were made in wastewater management and protection of soil and water.
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Share of environmental goods and services sector in GDP up by a quarter in eight years
According to Statistics Estonia, the output of the environmental goods and services sector amounted to €5 billion in 2022. The output of goods and services in the energy efficiency and renewable energy sector accounted for nearly two thirds of this, or €3.1 billion. The share of value added of the environmental goods and services sector in gross domestic product (GDP) has increased by a quarter, or one percentage point, compared with 2014.
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The quantity of sold pesticides decreased by one-tenth last year
According to Statistics Estonia, 643 tonnes of pesticides by active substance were placed on the market in Estonia in 2018, which is 10% less than the year before.
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The quantity of pesticides sold decreased by one-sixth last year
According to Statistics Estonia, 706 tonnes of pesticides (by active substance) were placed on the market in 2017 in Estonia, which is 15% less than the year before.