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Retail trade volume fell by 4% in March
According to Statistics Estonia, in March 2024, the turnover of retail trade enterprises was 851 million euros. Compared with March 2023, the volume of retail trade turnover* fell by 4%.
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Last year, Estonia's exports per capita were below the EU average
In 2023, Estonia’s exports of goods amounted to €18.2 billion and imports to €21.2 billion at current prices. Exports decreased by 16% and imports by 17% compared with 2022. The trade deficit reached €3 billion. Jane Leppmets, an analyst at Statistics Estonia, writes on 2023 trends in foreign trade of goods.
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The rise in construction prices in the first quarter was held back by lower costs for materials and machinery
According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of 2023 and by 0.9% compared with the first quarter of last year.
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Gender pay gap has narrowed in a year
According to Statistics Estonia, in 2023, the gross hourly earnings of female employees were 13.1% smaller than the earnings of male employees. The gender pay gap decreased by 4.6 percentage points year on year.
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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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In February, there were more foreign tourists accommodated in Estonia than a year earlier
According to Statistics Estonia, nearly 225,000 tourists stayed in accommodation establishments in February 2024, which is 1% more than in February last year. The number of domestic tourists decreased a little, while the number of foreign tourists increased.