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Producer price index down for the third month in a row

Date 22.09.2025
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  3. Producer price index down for the third month in a row
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

The economy grew by 0.9% in the second quarter

Date 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

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Date 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

Average wages and salaries were €2,007 in Q2

Date 26.08.2024
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  3. Average wages and salaries were €2,007 in Q2
According to Statistics Estonia, the average monthly gross wages and salaries in the second quarter of 2024 were €2,007, which is 7.2% higher than in the same quarter the year before. The median wages were €1,641 in the second quarter of this year and €1,524 in the same quarter of 2023.

GDP flash estimate: economy grew by 0.5% in Q2

Date 30.07.2025
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  3. GDP flash estimate: economy grew by 0.5% in Q2
“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

HICP flash estimate: prices up by 0.9% in August

Date 02.09.2025
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  3. HICP flash estimate: prices up by 0.9% in August
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, team lead of consumer price statistics at Statistics Estonia, said that according to preliminary estimates, prices rose in all major sectors in August. “The only sector to see a decline in prices was food service and accommodation, driven by accommodation services,” Veski added. The consumer price index data for August will be

Industrial production in August declined significantly in the manufacture of wood

Date 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

The number of job vacancies rose to over 10,000

Date 03.09.2025
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  3. The number of job vacancies rose to over 10,000
Sigrid Saagpakk, analyst at Statistics Estonia, noted that Statistics Estonia uses the data of the employment register of the Estonian Tax and Customs Board to estimate the number of occupied posts and labour turnover. Data on job vacancies, however, are collected by Statistics Estonia using a questionnaire. Vacant posts accounted for 1.7% of the total number of posts The total number of vacant and occupied posts in the second quarter was 595,760. The number of vacant posts was the highest in education (1,782) and in wholesale and retail trade (incl. repair of motor vehicles and motorcycles)

Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%

Date 09.06.2025
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  3. Growth in foreign trade slowed down in April: exports were up by 3% and imports by 1%
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that the most significant changes in April concerned extra-EU trade. “Exports to EU countries were up by 8% and imports from the EU fell by 1%. In trade with non-EU countries, exports declined by 10% while imports grew by 16%. Year on year, there were decreased exports from Estonia to the United States, Russia and Singapore, and increased imports from Turkey and Switzerland,” explained Leppmets. Compared with April 2024, exports of goods of Estonian origin were up by 2% in April this year. The share of goods of Estonian origin

The rise in retail trade volume slowed down in July

Date 29.08.2025
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  3. The rise in retail trade volume slowed down in July
Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume in June increased by 5% year on year, growth slowed down to 1% in July. “Year on year, turnover volume grew by 10% in enterprises engaged in the retail sale of automotive fuel and by 3% in stores selling manufactured goods. The turnover volume of grocery stores continued to decline in July, falling by 5% compared with July 2024,” Pihlak added. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers

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