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Helle Bunder, leading analyst at Statistics Estonia, explained that manufacturing output, which had shown growth for eight months, started to decrease slightly in September. “Although output increased in most larger manufacturing industries, there was a notable fall in production volumes in several medium-sized manufacturing activities. A more significant decrease occurred in the manufacture of shale oil (37.9%), machinery and equipment n.e.c. (22.2%) and beverages (21%),” she added. Bunder mentioned price cuts in September as one of the reasons for the decreased output of shale oil. “In the

Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the turnover volume of retail trade enterprises, which had been growing since December last year, began to decline in August. “The drop in the volume of turnover was influenced by stores selling manufactured goods as well as grocery stores. The latter had the greatest impact, with their turnover volume falling by 5% compared with August last year,” Pihlak added. The turnover volume of stores selling manufactured goods turned to decline in August, falling by 2% compared with August 2024. Among stores selling manufactured

“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport

Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the turnover volume of retail trade enterprises, which declined in August , returned to growth in September. “The increase in retail trade volume was mainly driven by enterprises engaged in the retail sale of automotive fuel and also by stores selling manufactured goods. The turnover volume of grocery stores, however, continued to decline in September, falling by 5% compared with September 2024,” Pihlak explained. The volume of turnover in enterprises engaged in the retail sale of automotive fuel rose by 22% in September

Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

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. “Compared with September 2025, the index was primarily influenced by the continuing rise in petrol and diesel prices, which is due to the ongoing armed conflict in the Middle East,” said Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia. The consumer price index data for September will be published by Statistics

Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger

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 (Harmonised Index of Consumer Prices ). “According to the preliminary data, the biggest impact on the July index came from higher housing costs as well as accommodation and food services,” commented Mark Herman Ilumets, an analyst in consumer price statistics at Statistics Estonia. The consumer price index data for July will be published by

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. “According to the initial estimate, the index was mainly influenced by the decrease in the prices of food and non-alcoholic beverages as well as clothing and footwear – both month on month and year on year,” said Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia. The consumer price index data for June will be

Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant