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In October, the confidence indicator was still the highest in trade (+23, up from +21.1 in September). Compared with the previous month, there was an improvement in trade enterprises’ assessment of their sales in the last three months and their expected sales in the next three months, while the assessment of the current volume of stock was a little more negative. The confidence indicator for the services sector was +2.7 (+1.2 in September). In October, service enterprises were considerably more optimistic about expected demand in the next three months, but there was a slight deterioration in

Jelena Jurkova, analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index of industrial output fell for the third consecutive month. “Compared with August 2024, the index was most affected by price decreases in electricity production and in the manufacture of fuel oils. Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index,” Jurkova noted. Producer prices decreased by 0.1% in manufacturing as a whole, whereas the rise in the manufacture of food products

278,000 foreign and approximately 224,000 domestic tourists were accommodated in Estonia in July. “As in July last year, we had more foreign tourists (55%) than domestic tourists (45%) accommodated in this year’s July,” said Helga Laurmaa, leading analyst at Statistics Estonia. In 2025, the number of foreign tourists staying in our accommodation establishments has increased in almost every month. “Compared with July last year, the number of foreign tourists was up by 2%, but it was still 15% lower than in July 2019, before the pandemic,” she noted. There were 5% fewer domestic tourists in

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, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the year-on-year increase in prices has not been this low since spring 2021, when the economy was recovering from the coronavirus pandemic. “Compared with August 2025, the index was primarily influenced by the increase in housing-related and transport costs

Eveli Šokman, the producer price statistics service manager at Statistics Estonia, said that, year on year, the producer price index declined in December after three months of trending upwards. “Compared with December 2024, the index was affected the most by falling prices in the manufacture of fuel oils and in electricity and heat energy production. Higher prices in the manufacture of wood and wood products, peat production, and the manufacture of food products had the opposite effect on the index,” added Šokman. In manufacturing as a whole, the index was unchanged year on year. In the

Helle Bunder, leading analyst at Statistics Estonia, said that, in February, there was an increase in total industrial production as well as in the volume of manufacturing production. “The rise in manufacturing production was mainly due to the 7.3% increase in the manufacture of food products, where output was boosted significantly by the manufacture of milk and manufacture of other food products, including sugar, sugar confectionery, prepared meals, tea and coffee, and spices,” explained Bunder. In February, the volume of industrial production increased in nearly half of manufacturing

In September, the confidence indicator was still the highest in retail trade (+21.1, up from +15.7 in August). Compared with August, there was a significant deterioration in enterprises’ assessment of their sales in the last three months, although enterprises were more optimistic about expected sales in the next three months. There was also a slight improvement in assessments of the volume of stock. In the services sector, the confidence indicator was +1.2 in September (+7.4 in August), and enterprises had a more negative view of expected demand in the next three months. Confidence also

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with July 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole; prices in the manufacture of food products continued to rise and were up by 5.2% year on year,” added Šokman. Compared with June, the producer price index in July

The business and consumer surveys reflect economic confidence in four business sectors and among consumers. A confidence indicator* is calculated for each sector based on the survey responses. These indicators are used for economic forecasting and international comparisons, among other things. The results of the May survey show that the confidence indicator was the highest in the trade sector (+14). The confidence indicator was -0.1 for the services sector and -0.9 for the industry sector. The construction sector had the lowest confidence indicator (-17.1), with insufficient demand cited as

In August, the confidence indicator was still the highest in trade (+15.7) where enterprises saw an improvement in their sales in the last three months and also expected increased sales in the next three months, along with an improved assessment of the volume of stock. At the same time, there was an increase in the share of enterprises who expected a fall in their number of employees in the next three months (-7 percentage points in July, -18.3 percentage points in August). The confidence indicator was +7.4 for the services sector and +3.6 for the industry sector. The construction sector again