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Article

The decline in retail trade turnover accelerated in November

Kuupäev 02.01.2024
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  3. The decline in retail trade turnover accelerated in November
According to Statistics Estonia, in November 2023, the turnover of retail trade enterprises was 876 million euros. Compared with November 2022, turnover decreased by 9% at constant prices.

The producer price index rose by 0.2% in October year on year

Kuupäev 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Retail trade turnover down by 7% in September

Kuupäev 31.10.2023
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  3. Retail trade turnover down by 7% in September
According to Statistics Estonia, in September, the turnover of retail trade enterprises was 869 million euros. Compared with September 2022, turnover decreased by 7% at constant prices.

The turnover of retail trade enterprises declined by 8% last year

Kuupäev 30.01.2024
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  3. The turnover of retail trade enterprises declined by 8% last year
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2023 was 10.5 billion euros. Compared with 2022, turnover decreased by 8% at constant prices.

Construction price index unchanged in the third quarter compared with the previous quarter

Kuupäev 22.10.2024
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  3. Construction price index unchanged in the third quarter compared with the previous quarter
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
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

Increased prices of wood products had the biggest impact on the producer price index of industrial output

Kuupäev 20.09.2024
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  3. Increased prices of wood products had the biggest impact on the producer price index of industrial output
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.0% in August 2024 compared with July and by 1.7% compared with August last year.

How happy is the Estonian man?

Kuupäev 17.11.2023
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  3. How happy is the Estonian man?
International Men's Day is celebrated this coming Sunday, 19 November. Epp Remmelg, leading analyst at Statistics Estonia, took the opportunity to find out how the Estonian man is doing.

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

Consumer price index down by 0.5% in March

Kuupäev 07.04.2025
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  3. Consumer price index down by 0.5% in March
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, year on year, food products, transport and housing had the biggest impact on the consumer price index in March. “Year on year, the motor vehicle tax that came into force in January will be affecting transport until the end of 2025. Rent and the cost of housing-related services have increased year on year. Compared with March 2024, prices have risen across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 3.4%,” noted Veski. Compared with

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