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Construction prices rose by 1.6% in 2024
Kuupäev 21.01.2025
Article
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
The turnover of retail trade enterprises declined by 8% last year
Kuupäev 30.01.2024
Article
According to the preliminary data of Statistics Estonia, the total turnover of retail trade enterprises in 2023 was 10.5 billion euros. Compared with 2022, turnover decreased by 8% at constant prices.
The decline in retail trade turnover accelerated in November
Kuupäev 02.01.2024
Article
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 wide-ranging decline in industrial production continued in August
Kuupäev 04.10.2023
Article
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.
The gender pay gap is the largest in financial and insurance activities
Kuupäev 24.04.2025
Article
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
Industrial production continued to fall in June
Kuupäev 03.08.2023
Article
According to Statistics Estonia, in June 2023, the total production of industrial enterprises decreased by 12.6% at constant prices compared with a year earlier. Output declined in two of the three main sectors: by 29.2% in electricity production and by 12.4% in manufacturing. In mining, output increased by 1.6%.
Construction price index unchanged in the third quarter compared with the previous quarter
Kuupäev 22.10.2024
Article
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
In September, production decreased significantly in the electronics industry
Kuupäev 03.11.2023
Article
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.