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Jane Leppmets, analyst at Statistics Estonia, noted that, compared with 2024, exports of services to European Union countries increased by 4% in the first quarter of this year, while imports from these countries grew by 8%. Exports of services to non-EU countries rose by 6% and imports from these countries increased by 18%. “The latter was mainly due to higher imports of services from Cyprus, the United Kingdom, and the United States. In the first quarter, the largest import items were other business services from Cyprus, transport services from the United Kingdom, and telecommunications

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 the third quarter, overall labour market indicators improved compared with both the third quarter of last year and the second quarter of this year,” stated Tea Vassiljeva, analyst at Statistics Estonia. She added that there were a total of 54,200 unemployed persons in the third quarter, which is 5,000 fewer than in the second quarter and 2,100 fewer than in the third quarter of last year. The unemployment rate (7.1%), i.e. the share of the unemployed in the labour force, was 0.3 percentage points lower in the third quarter than in the same quarter last year (7.4%) and 0.7 percentage points

Johanna Linda Pihlak , analyst at Statistics Estonia, said that, compared with November 2024, turnover volume fell by 5% in grocery stores and by 1% in stores selling manufactured goods. “The turnover volume of enterprises engaged in the retail sale of automotive fuel continued to increase and was up by 13% year on year,” added Pihlak. Among stores selling manufactured goods, the biggest decrease at 10% was registered in the turnover volume of stores selling via mail order or the internet. “It is important to note that the turnover volume of Estonian retail trade enterprises does not include

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

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in May, the changes in intra-EU trade were marginal – exports were up by 3% and imports down by 1%. “In extra-EU trade, exports of goods decreased by 2% while imports increased by 54% compared with May last year. The latter was influenced by a large-scale transaction in the defence sector,” noted Leppmets. In May, exports to Singapore grew the most and exports to Russia fell the most The main commodities exported in May were electrical equipment (15% of Estonia’s total exports), agricultural products and food preparations

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The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. “According to initial estimates, the overall price increase in October compared with September was slowed down mainly by food products, the prices of which fell for the second month in a row,” stated Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for October will be published by Statistics

Helga Laurmaa, leading analyst at Statistics Estonia, said that 119,000 foreign and 128,000 domestic tourists were accommodated in Estonia in November 2024. The number of domestic tourists, which was in decline for most months in 2024 year on year, took an upturn in October 2024 and continued this trend in November. Still, the number of tourists remained 6% smaller than in November of 2019, the pre-pandemic record year. “Compared with November 2019, there were 12,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 27,000 in November 2024,” added Laurmaa

“Looking at the wage change trend, wage growth is still slower now than in 2023,” said Sigrid Saagpakk, analyst at Statistics Estonia. Average wages in seven groups of economic activities are higher than the national average Saagpakk stated that the average monthly gross wages and salaries in the third quarter of 2024 were the highest in information and communication (€3,506), financial and insurance activities (€3,068), and electricity, gas, steam and air conditioning supply (€2,540). The lowest average monthly gross wages and salaries were seen in accommodation and food service (€1,285)