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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

According to Statistics Estonia, in November 2023, the turnover of retail trade enterprises was 876 million euros. Compared with November 2022, turnover decreased by 9% at constant prices.

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 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

According to Statistics Estonia, in August 2023, the total production of industrial enterprises decreased by 11.9% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 26.2% in electricity production, by 9.3% in manufacturing and by 41.5% in mining.

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

According to Statistics Estonia, in September 2023, the total production of industrial enterprises decreased by 12.5% at constant prices compared with the corresponding month of 2022. Output fell in two sectors: by 37.6% in electricity production and by 10.9% in manufacturing. In mining, output remained almost at the same level, as the decrease was just 0.3% year on year.

According to Statistics Estonia, accommodation establishments in January served nearly 194,000 tourists, which is 1% fewer than in January last year. The number of domestic tourists decreased, while the number of foreign tourists increased.

Sigrid Saagpakk, analyst at Statistics Estonia, explained that the gender pay gap was over 20% in five economic activities: financial and insurance activities (25.5%), information and communication (24.4%), wholesale and retail trade, repair of motor vehicles and motorcycles (23.5%), human health and social work activities (20.7%), and manufacturing (20.2%). Compared with 2023, the gender pay gap in other service activities changed the most, from −18.4% in 2023 to 14.8% in 2024. Last year, the gender pay gap was negative only in one activity – transportation and storage (−7.1%). “It means that