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 0.3% in October 2024 compared with September and by 0.2% compared with October last year.

According to Statistics Estonia, in the third quarter of 2024, the unemployment rate was 7.4%, the employment rate was 69.1% and the labour force participation rate was 74.6%. There were 1,500 fewer unemployed people than in the previous quarter.

According to Statistics Estonia, in September 2024, Estonia’s exports of goods increased by 2% and imports by 3% compared with September 2023. Exports of goods amounted to 1.5 billion and imports to 1.7 billion euros at current prices. The trade deficit was 208 million euros, which is 18 million euros more than in September last year.

According to Statistics Estonia, accommodation establishments served 278,000 tourists in September 2024, which is 1% more than in the same month a year earlier. The number of foreign tourists increased by 11%, while that of domestic tourists decreased by 8%.

According to Statistics Estonia, in October 2024, the consumer price index increased by 0.6% compared with September and by 4.1% compared with October 2023. Goods were 2.3% and services 7.1% more expensive than in October last year.

According to Statistics Estonia, 20.2% of Estonia’s population lived at risk of poverty and 2.7% in absolute poverty in 2023. Compared with 2022, the share of people living at risk of poverty decreased by 2.3 percentage points and the share of those living in absolute poverty by 0.8 percentage points. The share of people living in self-perceived deprivation was up by 1.5 percentage points in 2024. 

According to Statistics Estonia, in September 2024, the total production of industrial enterprises decreased by 1.5% at constant prices compared with September last year. Among the three main sectors, output increased by 10.4% in mining and by 0.9% in electricity production but decreased by 2.1% in manufacturing.

According to Statistics Estonia’s preliminary estimate, the decline in the gross domestic product (GDP) slowed down in the third quarter of 2024. The GDP fell by approximately 0.7% compared with the third quarter of 2023.

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.

According to Statistics Estonia, in September 2024, the turnover of retail trade enterprises was 839 million euros. Compared with September 2023, the volume of retail trade turnover decreased by 4%.

In order to better meet the changing needs of society, the national statistical institutes across Europe can assume new roles and provide new data services in addition to official statistics. At the same time, they must remain a reliable source of high-quality data. These are the key takeaways from the annual DGINS conference held in Tallinn last week.

According to Statistics Estonia, in the third quarter of 2024, the construction price index remained on the same level compared with the second quarter and rose by 1.8% compared with the third quarter of 2023.