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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.

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.

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.

HICP flash estimate: prices down by 0.4% in June

According to the preliminary estimate of Statistics Estonia, in June, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, decreased by 0.4% compared with May. Compared with June 2025, the HICP rose by 2%. This is a flash estimate which will be refined once more detailed data on June prices are received.

Average wages increased by 5.6% last year

Average wages and salaries were 2,135 euros in the first quarter

Estonia’s economy fared better in 2025 than in the two preceding years

In June, the volume of industrial production was greater than a year ago

According to Statistics Estonia, in June 2018, the production of industrial enterprises increased by 3% compared to June 2017. Production increased in manufacturing, energy as well as in mining.

In June, the turnover of retail trade enterprises decreased

According to Statistics Estonia, in June 2018, compared to June of the previous year, the turnover of retail trade enterprises decreased 1% at constant prices.

The industrial producer price index increased in June

According to Statistics Estonia, in June 2018, the producer price index of industrial output changed by 0.7% compared to May and by 2.9% compared to June 2017.

Moderate increase in the construction price index continued

According to Statistics Estonia, the change of the construction price index in the 2nd quarter of 2018 was 0.3% compared to the previous quarter and 2.0% compared to the 2nd quarter of 2017.

In May, trade increased

According to Statistics Estonia, in May 2018, the exports of goods increased by 7% and imports by 11% compared to May 2017. The growth in trade in May of this year was broad-based, with increased exports and imports in mineral products.

The monthly change of the consumer price index was affected the most by electricity

According to Statistics Estonia, the change of the consumer price index in June 2018 was 0.9% compared to May 2018 and 4.0% compared to June of the previous year.

In May, more tourists stayed in accommodation establishments than a year ago

According to Statistics Estonia, in May 2018, domestic and foreign tourists staying in accommodation establishments numbered 304,000, which is 2% more than in May 2017. The number of both domestic and foreign tourists increased.

In May, the volume of industrial production was slightly greater than a year ago

According to Statistics Estonia, in May 2018, the production of industrial enterprises increased by 3% compared to May 2017. Production increased in manufacturing and in mining, but decreased substantially in energy.

In May, the turnover growth of retail trade enterprises accelerated

According to Statistics Estonia, in May 2018, compared to May of the previous year, the turnover of retail trade enterprises increased 3% at constant prices. While in April, the turnover increased 1% compared to the same month of the previous year, the growth accelerated slightly in May.

Business and consumer confidence showed signs of improvement in August

The Farm Structure Survey begins in September

In the first half of 2026, there were 4% more accommodated tourists than the year before

There are people of 224 different ethnic nationalities living in Estonia

HICP flash estimate: prices up by 0.5% in July

GDP flash estimate: the economy grew by 2.1% in Q2