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Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

According to Statistics Estonia, in the second quarter of 2024, the unemployment rate was 7.6%, the employment rate was 69.7%, and the labour force participation rate was 75.4%.

In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

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 0.7% in June 2024 compared with May and decreased by 0.5% compared with June last year.

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 May 2024 compared with April and decreased by 1.6% compared with May last year.

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 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing output showed growth again in November after two months of decline. “It was driven by the manufacture of motor vehicles, trailers and semi-trailers, where output increased by more than half mainly due to the defence industry. There was also a significant rise in the manufacture of other transport equipment, which includes the output of the manufacture of recreational craft,” noted Bunder. In November, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger

Tea Vassiljeva, analyst at Statistics Estonia, explained that there were 64,200 unemployed persons in the first quarter of 2025, which is the highest value of this indicator in the last 12 years. “The number of the unemployed increased by 5,300 compared with the same quarter of last year. The unemployment rate rose to 8.6%, which is 0.8 percentage points more than a year earlier and 1.2 percentage points more than in the fourth quarter of last year,” noted Vassiljeva. The unemployment rate was 9% for men and 8.2% for women. “Ida-Viru county was the only region where the unemployment rate

The total number of vacant and occupied posts stood at a little over 609,000. 50,365 persons were hired. 76% of job vacancies were in Harju county.