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Article

Foreign trade grew by 14% in Q1, growth slowed down in Q2

Kuupäev 11.08.2025
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  3. Foreign trade grew by 14% in Q1, growth slowed down in Q2
“In the first half of 2025, foreign trade in goods increased by 9%. Exports of goods amounted to nearly €9.3 billion and imports to almost €11.1 billion at current prices,” said Jane Leppmets, foreign trade analyst at Statistics Estonia. “The main commodities exported in the first half of the year were electrical equipment, agricultural products and food preparations, and wood and articles of wood. The main commodities imported were transport equipment, agricultural products and food preparations, and electrical equipment,” Leppmets noted, adding that the top export and import partners in the

Production volumes in manufacturing showed modest growth for the third month in a row

Kuupäev 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

The consumer price index down by 1.1% in September compared with August

Kuupäev 07.10.2025
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  3. The consumer price index down by 1.1% in September compared with August
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the last time the consumer price index fell compared with the previous month was in March this year, when it was down by 0.5%. However, the last time we saw such a big drop as we are seeing now was nearly three years ago, in October 2022. “Compared with September last year, the rise in the consumer price index was primarily driven by food prices, which were up by 7.7%,” Veski noted, commenting on the year-on-year increase in the index. Among food products, the most significant year-on-year price increases were

Volume of industrial production decreased by 4% in 2024

Kuupäev 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

In June, the consumer price index rose by 0.9% compared with May

Kuupäev 07.07.2025
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  3. In June, the consumer price index rose by 0.9% compared with May
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

Industrial production grew by 0.7% in July

Kuupäev 04.09.2025
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  3. Industrial production grew by 0.7% in July
In the energy sector, the volume of electricity production (in megawatt-hours) decreased by 19.9% and the production of heat by 7.2% in July. Helle Bunder, leading analyst at Statistics Estonia, said that the decline in electricity production in July was due to domestic production being replaced by imports. “Electricity imports increased significantly in July as a result of the restoration of the Estlink 2 connection at the end of June this year,” Bunder pointed out. In July, the volume of industrial production was up in half of the manufacturing activities. Growth was driven by the metal and

The consumer price index rose by 6.1% year on year

Kuupäev 05.09.2025
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  3. The consumer price index rose by 6.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July

In November, the volume of industrial production was unchanged year on year

Kuupäev 06.01.2025
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  3. In November, the volume of industrial production was unchanged year on year
Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

The consumer price index rose by 1% in April

Kuupäev 08.05.2025
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  3. The consumer price index rose by 1% in April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with April last year, the more expensive healthcare services, food products and transport and housing had the biggest impact on the consumer price index. “In April, there were changes in the price lists of healthcare services, which affect the index both annually and monthly. Compared with April 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are again the only exception, as their prices were down by 4.5%,” noted Veski. Compared with March, the

In May, the consumer price index rose by 0.1% compared with April

Kuupäev 06.06.2025
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  3. In May, the consumer price index rose by 0.1% compared with April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

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