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Decline in retail trade volume in April was most affected by grocery stores

Date 30.05.2024
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  3. Decline in retail trade volume in April was most affected by grocery stores
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.

Construction volume decreased more than a tenth in the previous year

Date 27.02.2009
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  3. Construction volume decreased more than a tenth in the previous year
According to preliminary data of Statistics Estonia, in 2008 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 35 billion kroons, which is 12% less than a year earlier.

Construction volume decreased more than a tenth in the previous year

Date 01.03.2011
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  3. Construction volume decreased more than a tenth in the previous year
Construction volume decreased more than a tenth in the previous year According to preliminary data of Statistics Estonia, in 2010 the total production of Estonian construction enterprises in Estonia and in foreign countries amounted to 1.3 billion euros (20.1 billion kroons), which is 13% less than a year earlier. The construction volumes which had started to decline in 2008 kept decreasing in 2010, too.

Producer price index of industrial output fell by 1.9% year on year

Date 20.07.2023
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  3. Producer price index of industrial output fell by 1.9% year on year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 0.4% in June 2023 compared with May and by 1.9% compared with June last year.

Industrial production volume fell by 10.5% last year (corrected 07.02.2024)

Date 06.02.2024
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  3. Industrial production volume fell by 10.5% last year (corrected 07.02.2024)
According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.

Production of industrial enterprises down by 5.7% in March

Date 06.05.2024
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  3. Production of industrial enterprises down by 5.7% in March
According to Statistics Estonia, in March 2024, the total production of industrial enterprises fell by 5.7% compared with March last year. Among the three main sectors, output increased slightly in mining (by 0.4%), but decreased by 6.5% in manufacturing and by 4.4% in electricity production.

Retail trade turnover down by 7% in September

Date 31.10.2023
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  3. Retail trade turnover down by 7% in September
According to Statistics Estonia, in September, the turnover of retail trade enterprises was 869 million euros. Compared with September 2022, turnover decreased by 7% at constant prices.

Economic downturn accelerated again in the third quarter

Date 30.11.2023
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  3. Economic downturn accelerated again in the third quarter
In the third quarter of 2023, the gross domestic product (GDP) decreased by 3.9% compared with the same quarter of 2022. The GDP at current prices amounted to 9.4 billion euros.

Producer price index of industrial output fell by 4.4% year on year

Date 20.09.2023
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  3. Producer price index of industrial output fell by 4.4% year on year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.

The economy contracted by 0.7% in Q3

Date 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

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