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Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index rose for the third month in a row. “The rise in November was slightly bigger than in October and September,” he noted. “Compared with November 2024, the index was most affected by price increases in electricity and heat energy production and in the manufacture of wood and wood products, peat products and crushed stone,” said Valgenberg. Falling prices in the manufacture of fuel oils, textiles and basic metals had the opposite effect on the index

“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)

Environmental goods and services refer to production activities which have as their main purpose the prevention, reduction and elimination of pollution and of any other degradation of the environment, as well as the safeguarding of natural resources against depletion. In the renewable energy field, for example, the relevant goods and services include solar panels and wind turbines as well as their installation and maintenance, but also the production of renewable energy and related energy carriers. In the circular economy and waste management domain, the environmental goods include, for

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, 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.

Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger

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.

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

According to Statistics Estonia, in 2021, the consumer price index increased by 4.6% compared to the average of 2020.

According to Statistics Estonia's data, Estonian power plants produced 5,686 gigawatt hours (GWh) of electricity and 4,323 GWh of heat in 2023. Compared with 2022, electricity production was down by 37% and heat production by 15%.