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The consumer price index was up by 4.6% in October year on year (corrected at 10:20 on 7 November)

Date 07.11.2025
Article
In the case of electricity, housing and rent, the monthly and annual changes were mixed up in the news release. The data published in the table were correct. The corrections are marked in red.Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, month on month, the overall rise in prices has been slowed down mainly by food products as their prices have fallen for two months in a row. In October, food products were 1.2% cheaper than in September. The biggest impact came from the fall in the prices of bread and bakery products (4.8%)

Real GDP growth rate (chain-linked volume)

Area
Gross domestic product (GDP) is calculated taking account of all economic transactions. When calculating the real economic growth, there needs to be an adjustment for price changes. The nominal GDP includes price changes, which is removed when calculating the real GDP. The real economic growth shows how much the volume of goods in the economy has increased.

8. Decent Work and Economic Growth

Area
The focus of the global goal “Decent Work and Economic Growth” is to ensure sustainable and environmentally friendly economic growth that would not involve excessive and unsustainable use of resources. Sustainable economic growth helps people escape poverty and find employment. The 2030 Agenda sets a target to achieve higher economic productivity, using diversification, technological upgrades and innovation, and focusing among else on sectors that have high value added and are labour-intensive. It is also expected that governments support the creation of decent jobs, entrepreneurship

Output of fish farms increased, prices remained largely unchanged

Date 23.05.2024
Article
According to Statistics Estonia, in 2023, aquaculture enterprises (fish and crayfish farms) sold 918 tonnes of commercial fish and crayfish, for a total of €5.7 million. The sale of fish roe for consumption amounted to nearly 10 tonnes. The sold quantity of fish farming production increased after three years of decline. The amount of fish roe sold was 3.5 times higher than in 2022.