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Article

Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

People prefer e-commerce while enterprises prefer cloud services

Kuupäev 17.09.2020
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  3. People prefer e-commerce while enterprises prefer cloud services
According to Statistics Estonia, 56.5% of the population aged 16–74 used e-commerce in the last three months. Compared to last year, the overall popularity of e-commerce has remained the same, but the amounts spent on purchasing goods and services have increased. The results of the enterprise survey showed that more than half of the companies using the internet use paid cloud services.

Industrial production took a downturn in September

Kuupäev 01.11.2022
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  3. Industrial production took a downturn in September
According to Statistics Estonia, in September, the total production of industrial enterprises decreased by 7.5% at constant prices compared with September 2021. Output increased in just one of the three sectors – by 3.5% in electricity production. Production fell by 7.6% in manufacturing and by 27.1% in mining.

Growth of industrial production came to a halt in June

Kuupäev 02.08.2022
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  2. Growth of industrial production came to a halt in June
According to Statistics Estonia, in June, the total production of industrial enterprises increased by 0.4% at constant prices compared with June 2021. Output increased in two of the three sectors – by 18.4 in electricity production and by 28.9% in mining –, but fell by 2.5 in manufacturing.

Industrial production continued to fall in October

Kuupäev 01.12.2022
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  3. Industrial production continued to fall in October
According to Statistics Estonia, in October, the total production of industrial enterprises decreased by 5.8% at constant prices compared with October 2021. Output fell in all three sectors – by 4.4% in electricity production, by 6.1% in manufacturing, and by 0.4% in mining.

In the last quarter of 2023, the average monthly gross wages were 1,904 euros

Kuupäev 06.03.2024
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  3. In the last quarter of 2023, the average monthly gross wages were 1,904 euros
According to Statistics Estonia, in the fourth quarter of 2023, the average monthly gross wages and salaries were 1,904 euros, which is 9.7% higher than in the same quarter the year before. In 2023 as a whole, the average monthly gross wages and salaries were 1,832 euros, up by 11.3% compared with 2022. The median monthly gross wages were 1,578 euros in the fourth quarter of 2023 and 1,501 euros in 2023 overall.

The decline in industrial production deepened in November

Kuupäev 05.01.2023
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  3. The decline in industrial production deepened in November
According to Statistics Estonia, in November 2022, the total production of industrial enterprises decreased by 12.2% at constant prices compared with November 2021. Output fell in all three sectors – by 3.6% in electricity production, by 13.1% in manufacturing and by 11.1% in mining.

Industrial enterprises are recovering from the crisis

Kuupäev 08.07.2021
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  2. Industrial enterprises are recovering from the crisis
​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

Industrial production growth accelerated in March

Kuupäev 03.05.2022
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  2. Industrial production growth accelerated in March
According to Statistics Estonia, in March 2022, the total production of industrial enterprises increased by 7.8% at constant prices compared to March 2021. Output increased in all three sectors: by 6.6% in manufacturing, 5.2% in mining, and 21.3% in energy production.

Industrial production maintained a slow growth, as production of electricity and heat decreased

Kuupäev 06.04.2022
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  2. Industrial production maintained a slow growth, as production of electricity and heat decreased
According to Statistics Estonia, in February 2022, the total production of industrial enterprises increased by 1.7% at constant prices compared to February 2021. Output increased by 4.7% in manufacturing but decreased by 11.8% in mining and by 16.6% in energy production.

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