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Article

Manufacturing output up by 0.8% in October

Kuupäev 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

Share of environmental goods and services sector in GDP up by a quarter in eight years

Kuupäev 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and 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

Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%

Kuupäev 09.06.2025
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  3. Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the most significant changes in April concerned extra-EU trade. “Exports to EU countries were up by 8% and imports from the EU fell by 1%. In trade with non-EU countries, exports declined by 10% while imports grew by 16%. Year on year, there were decreased exports from Estonia to the United States, Russia and Singapore, and increased imports from Turkey and Switzerland,” explained Leppmets. Compared with April 2024, exports of goods of Estonian origin were up by 2% in April this year. The share of goods of Estonian origin

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 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

HICP flash estimate: prices up by 0.9% in August

Kuupäev 02.09.2025
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  3. HICP flash estimate: prices up by 0.9% in August
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that according to preliminary estimates, prices rose in all major sectors in August. “The only sector to see a decline in prices was food service and accommodation, driven by accommodation services,” Veski added. The consumer price index data for August will be

HICP flash estimate: prices up by 0.1% in May

Kuupäev 03.06.2025
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  3. HICP flash estimate: prices up by 0.1% in May
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account tourists and is comparable to the international HICP. “According to initial estimates, the harmonised index of consumer prices in May was most affected by increases in the prices of food and non-alcoholic beverages,” said Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for May will be published by Statistics Estonia on 6 June . Data on the harmonised index of

205,000 tourists: number of accommodated tourists up by 6% in January

Kuupäev 11.03.2025
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  3. 205,000 tourists: number of accommodated tourists up by 6% in January
Helga Laurmaa, leading analyst at Statistics Estonia, said that 95,000 foreign and 110,000 domestic tourists were accommodated in Estonia in January 2025. Year on year, the number of domestic tourists fell, as it did in several months in 2024. The number of tourists in January 2025 was 8% smaller than in January of 2020, the last pre-pandemic peak month. “Compared with the January before the crisis, there were 15,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 33,000,” added Laurmaa. 30,000 tourists arrived from Finland, representing 32% of all

Producer price index of industrial output down by 3.9% from last year

Kuupäev 22.04.2024
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  3. Producer price index of industrial output down by 3.9% from 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, fell by 0.4% in March 2024 compared with February and by 3.9% compared with March last year.

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