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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

Retail trade volume has fallen for two years in a row

Kuupäev 30.09.2024
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  3. Retail trade volume has fallen for two years in a row
The turnover volume declined in stores selling manufactured goods and grocery stores, as well as in enterprises engaged in the retail sale of automotive fuel. Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that taking into account the data for August, the turnover volume of retail trade enterprises has been falling for 24 months in a row now. “The drop in the volume of retail trade turnover in August was mainly due to stores selling manufactured goods and grocery stores, as the turnover volume of each decreased by 4% year on year,” Pihlak added. Among stores selling

In July, retail trade volume decreased by 2%

Kuupäev 29.08.2024
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  3. In July, retail trade volume decreased by 2%
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%.

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

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

The consumer price index rose by 1% in April

Kuupäev 08.05.2025
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  3. The consumer price index rose by 1% in April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with April last year, the more expensive healthcare services, food products and transport and housing had the biggest impact on the consumer price index. “In April, there were changes in the price lists of healthcare services, which affect the index both annually and monthly. Compared with April 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are again the only exception, as their prices were down by 4.5%,” noted Veski. Compared with March, the

Estonia spent nearly 715 million euros on environmental protection in 2022

Kuupäev 13.12.2024
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  3. Estonia spent nearly 715 million euros on environmental protection in 2022
Environmental protection expenditure accounts reflect the measures and expenditures targeted at the prevention, reduction or elimination of pollution. National expenditure on environmental protection is calculated as a sum of current expenditure and capital expenditure (investments) on environmental protection activities, after deducting transfers from the rest of the world. Kaia Oras, leading expert at Statistics Estonia, noted that nearly half of the environmental protection expenditure in 2022 was made up of expenditures on waste management (347 million euros). “Expenditure on waste

Retail trade volume down by 4% in May

Kuupäev 28.06.2024
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  3. Retail trade volume down by 4% in May
According to Statistics Estonia, in May 2024, the turnover of retail trade enterprises was 898 million euros. Compared with May 2023, the volume of retail trade turnover fell by 4%.

The consumer price index rose by 3.5% in 2024

Kuupäev 08.01.2025
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  3. The consumer price index rose by 3.5% in 2024
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the biggest impact on the consumer price index in 2024 came from price increases related to food and non-alcoholic beverages, which accounted for 23.7% of the total index rise. The prices of food and non-alcoholic beverages rose by 3.2% last year. “Among food products, the biggest rise occurred in the prices of olive oil (44%) and juices and syrups (36.7%). The prices of chocolate also went up significantly (14.5%). On the other hand, there was a considerable decrease in the prices of sugar (18%) and fresh

Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)

Kuupäev 07.02.2025
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  3. Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)
The corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the rise in the consumer price index in January, both compared to December and the same month last year, was mainly due to food products, beverages, and motor vehicle tax. “On the other hand, the index was driven down by the sales on clothing in January and by international flights and holiday trips,” added Veski. Among food products, the biggest increases compared with December 2024 were registered in the prices of fish (31%), whole milk (12%) and fresh vegetables (7%)

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