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Article

Share of environmental goods and services sector in GDP up by a quarter in eight years

Kuupäev 01.11.2024
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  3. Share of environmental goods and services sector in GDP up by a quarter in eight years
Kaia Oras, a leading expert at Statistics Estonia, explained that the growth in demand for environmental goods and services has been due to both increased awareness of environmental problems as well as higher environmental and energy saving requirements, especially in construction. “The rapid growth in energy-efficient new construction and reconstruction of buildings has a huge impact. Together, these generated €1.5 billion in output,” Oras added. Among the energy produced from renewables, electricity and heat production from renewable energy sources accounted for €482.2 million and the

Construction volume down by 5% in the third quarter

Kuupäev 27.11.2024
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  3. Construction volume down by 5% in the third quarter
In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

Volume of retail trade turnover down by 4% in September

Kuupäev 31.10.2024
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  3. Volume of retail trade turnover down by 4% in September
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the volume of retail trade turnover in September was mainly due to stores selling manufactured goods, as their turnover volume decreased by 6% year on year. “Among stores selling manufactured goods, the biggest decline at 10% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc., and also in the turnover volume of stores selling household goods and appliances, hardware and building materials,” added Pihlak

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

Kuupäev 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

Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs

Kuupäev 28.10.2024
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  3. Tallinn as the statistics capital of Europe for three days: new technologies and evolving user needs mean significant changes in the role of NSIs
The theme of this year’s conference was “Charting New Frontiers of Official Statistics”. The directors of 40 statistical institutes in Europe discussed why and how national statistical institutes (NSIs) could go beyond the traditional function of producing official statistics, by providing additional data services and serving as data stewards in the national data ecosystem. The conference focused on the drivers of such changes in NSIs’ roles. Urmet Lee, Director General of Statistics Estonia, said that the rapid, occasionally chaotic evolution of the data ecosystem means that national

GDP flash estimate: the economy contracted by 0.7% in Q3

Kuupäev 01.11.2024
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  3. GDP flash estimate: the economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that, compared with the previous quarter, the economy was stable. “Compared with the second quarter of 2024, the seasonally and working-day adjusted GDP was up by 0.1%,” noted Müürsepp. According to Eurostat , the EU economy showed slightly faster growth in the third quarter, as the increase in GDP was 0.9% year on year. Statistics Estonia will publish more detailed GDP data for the third quarter of 2024 on 29 November . See also the GDP flash estimate in the statistical database . Learn more about national accounts

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

Kuupäev 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.

Construction price index unchanged in the third quarter compared with the previous quarter

Kuupäev 22.10.2024
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  3. Construction price index unchanged in the third quarter compared with the previous quarter
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

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