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In the third quarter, the number of job vacancies decreased by a fifth year on year

Kuupäev 05.12.2024
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  3. In the third quarter, the number of job vacancies decreased by a fifth year on year
“In the third quarter, the total number of vacant and occupied posts was a little under 604,000. The majority of the posts were in manufacturing, trade, and education,” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.6% of the total number of posts. The number of job vacancies was the highest in education (1,674), trade (1,322), and public administration and defence (1,278). The number of people leaving their job was the greatest in wholesale and retail trade. The number of people hired was the highest in education. The number of people leaving their job at

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

GDP flash estimate: the economy contracted by 0.7% in Q3

Kuupäev 01.11.2024
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  3. GDP flash estimate: the economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that, compared with the previous quarter, the economy was stable. “Compared with the second quarter of 2024, the seasonally and working-day adjusted GDP was up by 0.1%,” noted Müürsepp. According to Eurostat , the EU economy showed slightly faster growth in the third quarter, as the increase in GDP was 0.9% year on year. Statistics Estonia will publish more detailed GDP data for the third quarter of 2024 on 29 November . See also the GDP flash estimate in the statistical database . Learn more about national accounts

Construction price index unchanged in the third quarter compared with the previous quarter

Kuupäev 22.10.2024
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  3. Construction price index unchanged in the third quarter compared with the previous quarter
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

The dwelling price index up by 2.8% from the first quarter

Kuupäev 23.09.2024
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  3. The dwelling price index up by 2.8% from the first quarter
According to Statistics Estonia, in the second quarter of 2024, the dwelling price index increased by 6.7% compared with the same period in 2023 and by 2.8% compared with the first quarter of 2024.

Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs

Kuupäev 28.10.2024
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  3. Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs
The theme of this year’s conference was “Charting New Frontiers of Official Statistics”. The directors of 40 statistical institutes in Europe discussed why and how national statistical institutes (NSIs) could go beyond the traditional function of producing official statistics, by providing additional data services and serving as data stewards in the national data ecosystem. The conference focused on the drivers of such changes in NSIs’ roles. Urmet Lee, Director General of Statistics Estonia, said that the rapid, occasionally chaotic evolution of the data ecosystem means that national

Producer price index of industrial output, export and import price index, September 2024

Kuupäev 21.10.2024
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  3. Producer price index of industrial output, export and import price index, September 2024
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the

Foreign trade in goods showed signs of picking up in April

Kuupäev 10.06.2024
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  3. Foreign trade in goods showed signs of picking up in April
According to Statistics Estonia, in April 2024, exports of goods increased by 3% and imports by 6% compared with April 2023. Exports of goods amounted to more than €1.5 billion and imports to over €1.8 billion at current prices. The trade deficit was €305 million, which is €65 million more than in April last year.

Growth in foreign trade in services slowed down in the first quarter

Kuupäev 11.06.2024
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  3. Growth in foreign trade in services slowed down in the first quarter
According to Statistics Estonia and Eesti Pank, in the first quarter of 2024, Estonia’s exports of services grew by 2%, while imports were unchanged from the same period last year. Sales of services to non-residents totalled €2.8 billion and purchases of services from non-residents amounted to €2.2 billion at current prices. The balance of foreign trade in services was in surplus by €595 million, which is €45 million more than a year earlier.

Unemployment decreased a little, employment is rising

Kuupäev 15.08.2024
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  3. Unemployment decreased a little, employment is rising
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%.

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