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Latest UN projection: world population will continue to grow for at least another 60 years
The most populous country is India, and the world's population will continue to increase until at least 2084. This is according to the population projection published by the United Nations in July.
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Unemployment rate reached 7.1 percent
According to Statistics Estonia, in the second quarter of 2020, the labour force participation rate was 70.4%, the employment rate was 65.4%, and the unemployment rate was 7.1%. There were 49,400 unemployed persons, which is 14,400 more than in the first quarter.
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Exports of goods reached last year’s level
According to Statistics Estonia, in June 2020, compared to June 2019, the exports of goods remained at the same level and imports decreased by 8%. In the second quarter of 2020, exports decreased by 15% and imports by 18% year on year.
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In July, electricity was cheaper but food more expensive
According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.
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Domestic tourism helped Estonian accommodation establishments
According to Statistics Estonia, in June, 121,000 domestic tourists and 42,000 foreign tourists stayed in Estonian accommodation establishments. Their total number of nights spent was 301,000. Compared to June 2019, the number of tourists dropped by 60%, but their number was higher than in the last few months.
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Industrial production increased in a third of manufacturing activities
According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.