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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, decreased by 0.4% in March 2023 compared with February 2023 and increased by 7.9% compared with March 2022.

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, fell by 1.0% in July 2023 compared with June and by 3.2% compared with July 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 0.2% in November compared with October 2022 and by 22.4% compared with November 2021.

Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

Evelin Puura, the Foreign Trade Statistics Service Manager at Statistics Estonia, said that intra-EU trade increased in January, with exports up by 11% and imports by 2% year on year. “On the other hand, in trade with non-EU countries, exports of goods fell by 16% and imports by 20%. The main reason was that there were larger exports of fuels to Singapore in January last year and also a large one-off transaction with Turkey in import trade,” added Puura. Exports of precious metals grew the most in January The main commodities exported in January were electrical equipment (14% of Estonia’s

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 0.3% in December 2022 compared with November 2022 and by 16.6% compared with December 2021.

Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

In May 2022, 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 3.1% compared to April 2022 and by 33.7% compared to May 2021.

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