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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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In August, fewer tourists stayed in accommodation establishments than in the same month a year ago
According to Statistics Estonia, 379,000 tourists stayed in accommodation establishments in August, which was 2% less than in August of the previous year. The number of foreign tourists decreased and the number of domestic tourists increased.
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In August foreign trade decreased
According to Statistics Estonia, in August 2014, exports of goods decreased by 3% and imports by 6% at current prices compared to August of the previous year. The decrease in exports and imports was mostly influenced by the trade of mechanical appliances, electrical equipment and agricultural products and food preparations.
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The consumer price index fell for the third consecutive month
According to Statistics Estonia, the change of the consumer price index in September 2014 was -0.2% compared to August 2014 and -0.6% compared to September of the previous year.
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In August, the growth in retail sales decelerated a little
According to Statistics Estonia, in August 2014 compared to August of the previous year, the retail sales of goods of retail trade enterprises increased 7% at constant prices. In July, the retail sales increased 9% compared to the same month of the previous year, whereas in August the retail sales growth decelerated a little.
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In August, the increase in industrial production continued
According to Statistics Estonia, in August 2014, the production of industrial enterprises rose 3% compared to August of the previous year. The production increased in manufacturing, while in mining and energy the production decreased.
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Most of the production has been harvested
According to Statistics Estonia, by 15 September, 93% of the sown area of cereals, 82% of the sown area of rape and turnip rape, and 54% of the area under potatoes had been harvested in Estonia.
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General government debt level continued to increase last year
According to the adjusted data of Statistics Estonia, in 2013 the Estonian general government deficit was 0.5% and the gross debt level was 10.1% of the gross domestic product.
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The Dwelling Price Index increased in the 2nd quarter
According to Statistics Estonia, in the 2nd quarter of 2014, the Dwelling Price Index changed by 1.1% compared to the 1st quarter and by 14.5% compared to the 2nd quarter of 2013.
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The producer price index of industrial output decreased in August
According to Statistics Estonia, in August 2014, the producer price index of industrial output changed by -0.1% compared to July 2014 and by -1.0% compared to August 2013.
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The digital gap between the younger and older generation is decreasing
According to Statistics Estonia, in the 1st quarter of 2014, 83% of households in Estonia had access to the Internet at home. The gap between the younger and older population in computer and Internet use is decreasing.
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In July, the peak month for tourism, more tourists than a year ago stayed in accommodation establishments
According to Statistics Estonia, 440,000 tourists stayed in accommodation establishments in July, which is 4% more than in the same month of the previous year. The number of both domestic and foreign tourists increased.