Search results

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, explained that inflation – i.e. the year-on-year increase in the consumer price index – has shown gradual decline in recent months. “With the exception of November 2025, inflation has been in decline since September last year,” he noted. The rise in the consumer price index in February year on year was primarily influenced by the increases in the prices of food products (5.5%), health products and services (12%), alcoholic beverages and tobacco (7.9%) and housing (1.5%). Electricity prices remained high in

Johanna Linda Pihlak, leading analyst at Statistics Estonia, said that, year on year, the volume of retail trade turnover was up by 4% in July and grew even faster in August. “Stores selling manufactured goods had the biggest impact on this growth, as their turnover volume increased by 8% compared with August last year,” said Pihlak. The turnover volume of enterprises engaged in the retail sale of automotive fuel grew by 5% compared with August 2025. “The last time that the turnover volume of these enterprises decreased was in December 2024,” noted Pihlak. She added that the turnover of

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the Estonian economy grew for the fifth quarter in a row. “In the second quarter, two thirds of the economic activities made a positive contribution to the GDP. Similarly to the first quarter, manufacturing was the biggest driver of economic growth as its value added grew by 6.5%. It was followed by agriculture, forestry and fishing where the increase in value added was 168% due to the exceptionally low reference base of last year. In construction, value added was up by 7.5%,” said Müürsepp. A considerable

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

“Compared with the first quarter, labour market indicators have improved, but remain below the figures for the second quarter of 2024,” said Tea Vassiljeva, analyst at Statistics Estonia. The analyst noted that while the unemployment rate in the second quarter (7.8%) was slightly higher than in last year’s second quarter (7.6%), it was 0.8 percentage points lower than in the first quarter of 2025. “The unemployment rate for men (8.4%) was higher than that for women (7.2%). There were a total of 59,200 unemployed persons in the second quarter, which is 5,000 fewer than in the previous quarter

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

According to Statistics Estonia, accommodation establishments served over 384,000 tourists in June 2024, which is 14% more than in June last year. There were more domestic as well as foreign tourists accommodated.

Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output, which had declined for five months in a row, started to rise again in July. “Manufacturing production was boosted by the manufacture of wood, the biggest manufacturing industry, where output increased by 10.8% compared with July last year. Nearly half of the increase in output in this activity was contributed by the manufacture of solid fuels from vegetable biomass. There was also a significant growth in the manufacture of machinery and equipment n.e.c. where output grew by 30.3%. This was mainly due to the

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