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Industrial enterprises are recovering from the crisis

Kuupäev 08.07.2021
Article
​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

In April, the turnover growth of retail trade enterprises decelerated

Kuupäev 31.05.2017
Article
According to Statistics Estonia, in April 2017, compared to April 2016, the turnover of retail trade enterprises increased 1% at constant prices. While in March the turnover increased 5% compared to the same month of the previous year, in April the growth decelerated.

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Economic growth in Estonia increased significantly

Kuupäev 13.06.2018
Article
Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.