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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

According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output continued to decline in April, similarly to March and February. “The main reason for this was the 8% decrease in the manufacture of food products. In this activity, there has been a year-on-year decline in output for fourth months in a row. It is likely that the conflict in the Middle East has started to affect supply chains, and inflation also continues to influence food manufacturing,” added Kadarik. In April, the volume of production increased in slightly more than half of manufacturing activities. Looking

According to Statistics Estonia, in April, the consumer price index increased by 0.9% compared with March and by 2.8% compared with April 2023. Goods were 2.4% and services 3.3% more expensive than in April last year.

According to Statistics Estonia, the change of the consumer price index in October 2014 was 0.0% compared to September 2014 and -0.2% compared to October of the previous year.

According to Statistics Estonia, the change of the consumer price index in August 2015 was -0.3% compared to July 2015 and also -0.3% compared to August of the previous year.

According to Statistics Estonia, in the 4th quarter of 2008 the percentage change of the consumer price index was 0.6% compared to the 3rd quarter and 8.3% compared to the 4th quarter of the previous year.

According to the preliminary data of Statistics Estonia, in the fourth quarter of 2021, the gross domestic product (GDP), which shows how the Estonian economy is doing, grew by 8.6% compared to the same period of 2020. The GDP at current prices was 8.7 billion euros.

According to Statistics Estonia, in the first quarter of 2020, there were 8,613 job vacancies in the enterprises, institutions and organisations of Estonia. Compared to the first quarter of 2019, the number decreased by 25%.

Riin Kadarik, leading analyst at Statistics Estonia, said that, similarly to July, manufacturing output continued to grow in August, despite the decline in production volumes in the two largest manufacturing activities. “Output decreased by 0.6% in the manufacture of wood and by 3.8% in the manufacture of food products, which was mainly due to the decreased production of dairy products. The biggest contributor to the growth in manufacturing production was the manufacture of electrical equipment where output was up by 12.2% year on year, supported by increased production in the manufacture of