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Labour force participation rate at highest for 20 years
According to Statistics Estonia, in the 2nd quarter of 2017, the unemployment rate was 7%, the employment rate 66.9% and the labour force participation rate 72%. Compared to the 2nd quarter of 2016, the employment rate remained on the same level and the labour force participation rate reached its highest level for 20 years.
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Both in June and throughout the 2nd quarter, trade increased
According to Statistics Estonia, in June 2017, the exports of goods increased by 11% and imports by 6% compared to June 2016. In the second quarter, compared to the 2nd quarter of the previous year, exports grew 8% and imports 7%.
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In July, the annual change of the consumer price index was affected the most by food
According to Statistics Estonia, the change of the consumer price index in July 2017 was 0.7% compared to June 2017 and 3.6% compared to July of the previous year.
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In June, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, 372,000 domestic and foreign tourists stayed in Estonian accommodation establishments in June 2017, which is 8% more than in June 2016.
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In June, the turnover growth of retail trade enterprises accelerated
According to Statistics Estonia, in June 2017, the turnover of retail trade enterprises increased 5% at constant prices compared to June 2016. While in May turnover increased 1% compared to the same month of the previous year, in June growth accelerated.
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In June, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in June 2017, the production of industrial enterprises increased 15% compared to June 2016. Production increased in the energy sector and mining and quarrying as well as in manufacturing.
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A moderate increase in the construction price index continued
According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2017 was 0.2% compared to the previous quarter and 1.5% compared to the 2nd quarter of 2016.
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The industrial producer price index fell in June
According to Statistics Estonia, in June 2017, the producer price index of industrial output changed by -0.3% compared to May and by 3.3% compared to June 2016.
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In May, trade intensified
According to Statistics Estonia, in May 2017, the exports of goods increased by 15% and imports by 14% compared to May 2016. Trade growth was influenced the most by a significant increase in the exports and imports of mineral products.
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In June, the annual change of the consumer price index was affected the most by food
According to Statistics Estonia, the change of the consumer price index in June 2017 was -0.1% compared to May 2017 and 2.9% compared to June of the previous year.
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In May, more tourists stayed in accommodation establishments than a year ago
According to Statistics Estonia, 297,000 domestic and foreign tourists stayed in Estonian accommodation establishments in May 2017, which is 6% more than in May 2016.
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In May, the volume of industrial production was greater than a year ago
According to Statistics Estonia, in May 2017, the production of industrial enterprises increased 13% compared to May of the previous year. Production increased in the energy sector and mining and quarrying as well as in manufacturing.