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Article

Motor fuel had the biggest impact on the consumer price index last year

Kuupäev 08.01.2021
Article
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  2. Motor fuel had the biggest impact on the consumer price index last year
According to Statistics Estonia, in 2020, the consumer price index decreased by 0.4% compared to the average of 2019.

Industrial production grew by 10% in July

Kuupäev 02.09.2021
Article
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  2. Industrial production grew by 10% in July
According to Statistics Estonia, in July 2021, the total production of industrial enterprises increased by 10% year on year. Production increased by 16% in energy production, by 6% in manufacturing and by 72% in mining.

Foreign trade decreased significantly in 2023

Kuupäev 09.02.2024
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  3. Foreign trade decreased significantly in 2023
According to Statistics Estonia, exports of goods in 2023 decreased by 16% and imports by 17% compared with the year before. Exports of goods amounted to 18 billion and imports to 21 billion euros at current prices. The trade deficit was 3 million euros, which is 695 million euros lower than in 2022.

Economic growth hindered by rising prices

Kuupäev 31.05.2022
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  2. Economic growth hindered by rising prices
In the first quarter of 2022, the gross domestic product (GDP) grew by 4.3% year on year. The GDP at current prices was 8 billion euros.

Construction volume up by 14% in the first quarter

Kuupäev 26.05.2022
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  2. Construction volume up by 14% in the first quarter
According to Statistics Estonia, in the first quarter of 2022, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 14% year on year.

The rise in industrial production volumes slowed down in January

Kuupäev 10.03.2022
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  2. The rise in industrial production volumes slowed down in January
According to Statistics Estonia, in January 2022, the total production of industrial enterprises increased by 1.4% compared to January 2021. Production increased by 1.8% in manufacturing and by 3.9% in mining. Energy production was almost at the same level and grew by just 0.2% year on year.

Industrial production continued to fall in October

Kuupäev 01.12.2022
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  3. Industrial production continued to fall in October
According to Statistics Estonia, in October, the total production of industrial enterprises decreased by 5.8% at constant prices compared with October 2021. Output fell in all three sectors – by 4.4% in electricity production, by 6.1% in manufacturing, and by 0.4% in mining.

Production volumes fell in more than a half of manufacturing activities

Kuupäev 06.01.2021
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  2. Production volumes fell in more than a half of manufacturing activities
According to Statistics Estonia, in November 2020, the production of industrial enterprises decreased by 2% compared to November 2019. In the three main industrial sectors, production fell by 1% in manufacturing and by 12% in energy production, but grew by 2% in mining.

Construction volume surpassed the pre-pandemic level

Kuupäev 25.11.2021
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  2. Construction volume surpassed the pre-pandemic level
According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.

In March, the consumer price index was influenced the most by rising food prices

Kuupäev 10.04.2023
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  3. In March, the consumer price index was influenced the most by rising food prices
According to Statistics Estonia, in March, the consumer price index increased by 0.7% compared with February and by 15.3% compared with March 2022. Goods were 14.4% and services 17.2% more expensive than in March last year.

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