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In September, the prices of juices and syrups increased the most among food products

Date 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

In October, the consumer price index rose by 4.1% year on year

Date 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

In the second quarter, Estonian economy contracted by 6.9%

Date 31.08.2020
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  3. In the second quarter, Estonian economy contracted by 6.9%
According to Statistics Estonia, in the 2nd quarter of 2020, the gross domestic product (GDP) fell by 6.9% compared to the 2nd quarter of 2019. The GDP at current prices was 6.4 billion euros.

In March, the consumer price index was still influenced the most by increased fuel prices

Date 07.04.2022
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  2. In March, the consumer price index was still influenced the most by increased fuel prices
According to Statistics Estonia, in March 2022, the consumer price index increased by 2.7% compared to February 2022 and by 15.2% compared to March 2021. Goods were 13.7% and services 18.1% more expensive than in March last year.

Trade in goods decreased in June as well as in the first six months overall

Date 09.08.2024
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  3. Trade in goods decreased in June as well as in the first six months overall
According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

The Estonian economy contracted by 1.3% last year

Date 01.03.2023
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  3. The Estonian economy contracted by 1.3% last year
According to the preliminary data of Statistics Estonia, in the fourth quarter of 2022, the gross domestic product (GDP), which shows how the Estonian economy is doing, declined by 4.1% compared with the same period of 2021. The GDP at current prices was 10 billion euros.

The decline in foreign trade in goods in February was mainly due to mineral fuels

Date 09.04.2024
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  3. The decline in foreign trade in goods in February was mainly due to mineral fuels
According to Statistics Estonia, in February 2024, exports of goods decreased by 15% and imports by 10% compared with February 2023. Exports of goods amounted to about 1.3 billion and imports to 1.5 billion euros at current prices. The trade deficit was 202 million euros, which is 67 million euros more than in February last year.

In the fourth quarter, the economy contracted by 1.2%

Date 01.03.2021
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  2. In the fourth quarter, the economy contracted by 1.2%
According to Statistics Estonia, in the fourth quarter of 2020, the gross domestic product (GDP) decreased by 1.2% year on year, and the GDP at current prices was 7.3 billion euros. In 2020 as a whole, the Estonian economy shrank by 2.9%.

Consumer price index on the rise again

Date 07.07.2020
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  3. Consumer price index on the rise again
According to Statistics Estonia, the change of the consumer price index in June 2020 was 0.9% compared to May 2020 and –1% compared to June of the previous year. Compared to June 2019, goods were 0.8% and services 1.2% cheaper.

The number of outbound trips grew twice as much as the number of trips within Estonia

Date 27.03.2024
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  3. The number of outbound trips grew twice as much as the number of trips within Estonia
In 2023, the number of outbound and domestic trips increased respectively by 40% and 20% compared with the year before. The main destinations of choice were Finland, Latvia, Italy and Turkey.

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