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Article

Average wages and salaries rose by 8.1% last year

Kuupäev 06.03.2025
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  3. Average wages and salaries rose by 8.1% last year
Sigrid Saagpakk, analyst at Statistics Estonia, said that the average monthly gross wages and salaries in 2024 were the highest in Tallinn (€2,325) and in Harju (€2,218) and Tartu (€1,995) counties. “Compared with 2023, the biggest increase in wages and salaries was seen in Hiiu (9.9%) and Ida-Viru (9.7%) counties. Wages and salaries rose by more than 6.5% in all Estonian counties,” the analyst stated. The highest average wages and salaries in 2024 were found in information and communication, at €3,484. “This was followed by financial and insurance activities (€3,127) and electricity, gas

Retail trade volume up by 2% in March

Kuupäev 29.04.2025
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  3. Retail trade volume up by 2% in March
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in the volume of retail trade turnover in March was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods. “On the other hand, the decline in the turnover volume of grocery stores accelerated in March, as the turnover volume of these stores was down by 7% year on year,” added Pihlak. The volume of turnover in enterprises engaged in the retail sale of automotive fuel increased by 15% compared with March 2024. “The increase in the turnover volume of these enterprises was

Retail trade volume up by 3% in January

Kuupäev 28.02.2025
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  3. Retail trade volume up by 3% in January
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises was up by 1% in December year on year and grew even more in January. “The rise in retail trade volume in January was mainly due to stores selling manufactured goods, where turnover volume rose by 6% compared with January 2024,” explained Pihlak. Among stores selling manufactured goods, turnover volume increased the most, by 15%, in stores selling via mail order or the internet. The volume of turnover was up by 11% in other specialised stores selling predominantly computers and their

In the second quarter, the rapid increase in the Dwelling Price Index continued

Kuupäev 23.09.2022
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  3. In the second quarter, the rapid increase in the Dwelling Price Index continued
According to Statistics Estonia, in the second quarter of 2022, the Dwelling Price Index increased by 8% compared with the first quarter of 2022 and by 27.4% compared with the second quarter of 2021.

Industrial production grew by 0.7% in July

Kuupäev 04.09.2025
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  3. Industrial production grew by 0.7% in July
In the energy sector, the volume of electricity production (in megawatt-hours) decreased by 19.9% and the production of heat by 7.2% in July. Helle Bunder, leading analyst at Statistics Estonia, said that the decline in electricity production in July was due to domestic production being replaced by imports. “Electricity imports increased significantly in July as a result of the restoration of the Estlink 2 connection at the end of June this year,” Bunder pointed out. In July, the volume of industrial production was up in half of the manufacturing activities. Growth was driven by the metal and

Dwelling Price Index rose by 21% year on year

Kuupäev 22.06.2022
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  2. Dwelling Price Index rose by 21% year on year
According to Statistics Estonia, in the first quarter of 2022, the Dwelling Price Index increased by 7.1% compared to the fourth quarter of 2021 and by 21% compared to the first quarter of 2021.

In November, the volume of industrial production was unchanged year on year

Kuupäev 06.01.2025
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  3. In November, the volume of industrial production was unchanged year on year
Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

The economy grew by 0.9% in the second quarter

Kuupäev 29.08.2025
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  3. The economy grew by 0.9% in the second quarter
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that there was modest economic growth in the second quarter of 2025. The last time that the GDP grew was in the second quarter of last year. “About half of economic activities contributed positively to the GDP, with the biggest contribution coming from the energy sector where value added grew by 43%. In real estate activities, value added increased by 5.4%. The biggest negative contributors were construction, with a 9.3% decline in value added, and transportation and storage, where value added decreased by 11%,” noted

Production volumes in manufacturing showed modest growth for the third month in a row

Kuupäev 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

Construction prices rose by 1.6% in 2024

Kuupäev 21.01.2025
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  3. Construction prices rose by 1.6% in 2024
Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by

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