According to Statistics Estonia, the economic activity of Estonia is concentrated in Harju, Tartu and Ida-Viru counties, which create nearly three quarters of the gross domestic product (GDP) of Estonia.
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
According to Statistics Estonia, the change of the consumer price index in May 2020 was -0.7% compared to April 2020 and -1.7% compared to May 2019. Compared to May of the previous year, goods were 1.5% and services 2.0% cheaper.
According to Statistics Estonia, in the first quarter of 2023, there were 11,461 job vacancies in the enterprises, institutions and organisations of Estonia. This is 12% less than in the same quarter of 2022. Over 6,000 persons left their job at the initiative of the employer.
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.
According to Statistics Estonia, in October, the consumer price index fell by 1.1% compared with September and rose by 22.5% compared with October 2021. Goods were 20.5% and services 26.4% more expensive than in October last year.
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.
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
According to Statistics Estonia, in September, the consumer price index increased by 0.3% compared with August, and by 23.7% compared with September 2021. Goods were 19.9% and services 31.0% more expensive than in September last year.