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Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

Tiina Pärson, leading analyst at Statistics Estonia, said that internet use is a common practice among younger and middle-aged people (16–54-year-olds), with almost 100% of them using the internet. Internet use has increased significantly among the elderly. For example, compared with last year, internet use has risen by five percentage points in the 55–64 age group and by six percentage points among 65–74-year-olds. Compared with 2020, the increase has been even greater, at 11 percentage points among people aged 55–64 and 20 percentage points among people aged 65–74. “One key factor is the

Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, compared with June 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and food products had the opposite effect on the index. Producer prices increased by 1.3% in manufacturing as a whole, and the rise in the manufacture of food products continued, increasing by 5.7% year on year,” Valgenberg added. Compared with May, the producer price index in June

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with July 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole; prices in the manufacture of food products continued to rise and were up by 5.2% year on year,” added Šokman. Compared with June, the producer price index in July

Jelena Jurkova, analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index of industrial output fell for the third consecutive month. “Compared with August 2024, the index was most affected by price decreases in electricity production and in the manufacture of fuel oils. Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index,” Jurkova noted. Producer prices decreased by 0.1% in manufacturing as a whole, whereas the rise in the manufacture of food products

Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

In comparison with May 2024, the producer price index in this year’s May was most affected by price increases in the manufacture of wood and wood products and in the manufacture of food products. Falling prices in the manufacture of fuel oils and in electricity production had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole and by 4.4% in the manufacture of food products. “Looking at a longer period, i.e. in comparison with May 2023, prices in manufacturing as a whole rose by 0.4%, increasing by 1.5% in the manufacture of food products and by 1.4%

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with April 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity and heat energy production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils and paper and paper products had the opposite effect on the index. Producer prices increased by 1.0% in manufacturing as a whole and by 3.0% in the manufacture of food products,” Šokman added. Compared with March, the producer price index in April

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the volume of turnover, which in March had grown by 2% year on year, showed slightly faster growth in April. “The increase in retail trade volume in April was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods – compared with April last year, their turnover volume was up by 18% and 7%, respectively,” explained Pihlak. Among stores selling manufactured goods, the biggest increase at 34% was registered in the turnover volume of other specialised stores selling predominantly