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In February, the industrial producer price index was affected the most by the rising price of electricity

Kuupäev 20.03.2025
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  3. In February, the industrial producer price index was affected the most by the rising price of electricity
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with February 2024, the producer price index was most affected by price increases in electricity production, in the manufacture of wood and wood products, and the manufacture of food products. “Falling prices in the manufacture of fabricated metal products, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 2.3% in manufacturing as a whole and by 2.9% in the manufacture of food products,” Šokman added. Compared with January, the producer price

Exports of services up by 8% in the third quarter

Kuupäev 10.12.2024
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  3. Exports of services up by 8% in the third quarter
Jane Leppmets, a foreign trade analyst at Statistics Estonia, noted that growth in foreign trade in services was most affected by travel services and other business services. “In the third quarter, exports of services to EU countries increased by 8% and imports from EU countries by 4%. Extra-EU exports of services were also up by 8%, however, extra-EU imports were down by 4%. The latter was mainly affected by a decline in purchases of services from the United States,” Leppmets pointed out. The most exported services in the third quarter were other business services (incl. other business

Retail trade volume up by 3% in January

Kuupäev 28.02.2025
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  3. Retail trade volume up by 3% in January
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises was up by 1% in December year on year and grew even more in January. “The rise in retail trade volume in January was mainly due to stores selling manufactured goods, where turnover volume rose by 6% compared with January 2024,” explained Pihlak. Among stores selling manufactured goods, turnover volume increased the most, by 15%, in stores selling via mail order or the internet. The volume of turnover was up by 11% in other specialised stores selling predominantly computers and their

The numbers of unemployed and employed persons both increased last year

Kuupäev 14.02.2025
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  3. The numbers of unemployed and employed persons both increased last year
Tea Vassiljeva, analyst at Statistics Estonia, said that the average number of the unemployed in 2024 was 57,100 which is 9,400 more than in 2023. “Compared with 2023, unemployment increased in all age groups and among both men and women. The unemployment rate in 2024 was 7.6%. It was 1.2 percentage points higher than in 2023,” explained Vassiljeva. She added that female and male unemployment rates were similar – 7.5% and 7.6%, respectively. Unemployment indicators went up sharply in the first quarter of 2024. “For the rest of the year, there was gentle decline and stabilisation. The

In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)

Kuupäev 07.03.2025
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  3. In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
Instead of the 2024 weights, the 2023 weights were included in the table. Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that exchange prices of electricity, motor vehicle tax and food products had the biggest impact on the consumer price index in February year on year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.3% year on year,” noted Veski. Compared with January 2025, the index for February

Trade in goods down in August, most notably with EU countries

Kuupäev 10.10.2024
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  3. Trade in goods down in August, most notably with EU countries
Evelin Puura, the foreign trade statistics team lead at Statistics Estonia, said that trade in August was affected by the continued decline in exports and imports in trade with European Union (EU) countries. “Compared with August 2023, exports to EU countries decreased by 3% and imports from EU countries by 8%. At the same time, extra-EU exports were up by 6%,” noted Puura. The main commodities exported in August were electrical equipment (16% of Estonia’s total exports), agricultural products and food preparations (11%), and wood and articles of wood (11%). Year on year, the biggest decrease

The dwelling price index rose by 6.1% in 2024

Kuupäev 21.03.2025
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  3. The dwelling price index rose by 6.1% in 2024
Märt Umbleja, leading analyst at Statistics Estonia, said that the rise in the dwelling price index in 2024, calculated as the average of four quarters, was 6.1%. “Last year, the prices of apartments went up by 6.1% and the prices of houses by 6.2%,” added Umbleja. In the fourth quarter of last year, the dwelling price index increased by 3.6% compared with the same quarter of 2023. The prices of apartments rose by 2.1% and the prices of houses by 7.5%. “Quarter on quarter, the index continued the downtrend for the second quarter in a row. Compared with the third quarter of 2024, the prices of

In May, the number of tourists accommodated increased year on year

Kuupäev 08.07.2024
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  3. In May, the number of tourists accommodated increased year on year
According to Statistics Estonia, accommodation establishments served over 293,000 tourists in May 2024, which is 11% more than in May last year. There were more domestic as well as foreign tourists accommodated.

In March, 14% more foreign tourists stayed in accommodation establishments than a year earlier

Kuupäev 09.05.2024
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  3. In March, 14% more foreign tourists stayed in accommodation establishments than a year earlier
According to Statistics Estonia, accommodation establishments served nearly 237,400 tourists in March 2024, which is 5% more than in March last year. The number of domestic tourists decreased a little, while the number of foreign tourists increased.

General government debt continued to grow in 2024, while the budget deficit decreased

Kuupäev 25.03.2025
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  3. General government debt continued to grow in 2024, while the budget deficit decreased
In Estonia, the general government sector comprises three sub-sectors: central government, local governments, and social security funds. The central government sub-sector includes state budget units, foundations, and legal entities governed by public law. The local government sub-sector includes city and rural municipality governments with their subsidiary units, and foundations. Pauline Kommer, team lead of government finance statistics at Statistics Estonia, said that both the central government and local governments ended 2024 in deficit. “The deficit was 553.9 million euros for the central

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