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​Industry is the largest sector of the economy and an important driver of economic growth. The index of industrial production covers the economic indicators of three industrial activities: mining, energy production and manufacturing. Helle Bunder, analyst at Statistics Estonia, noted that May was the month last year when manufacturing volumes decreased the most due to the coronavirus pandemic. “In connection with the low reference base, manufacturing production has increased by 18.5% year on year,” said Bunder. Production increased in all manufacturing activities. Among the activities with

According to Statistics Estonia, in November, the producer price index of industrial output fell by 0.1% compared to October and by 0.9% compared to November 2018.

In January 2021, 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 exports, increased by 0.8% compared to December 2020 and by 2.3% compared to January 2020.

According to Statistics Estonia, in September, the total production of industrial enterprises decreased by 7.5% at constant prices compared with September 2021. Output increased in just one of the three sectors – by 3.5% in electricity production. Production fell by 7.6% in manufacturing and by 27.1% in mining.

According to Statistics Estonia, in May 2022, the total production of industrial enterprises increased by 4.8% at constant prices compared to May 2021. Output increased in all three industrial sectors: by 2.2% in manufacturing, by 34.2% in electricity production and by 25.5% in mining.

According to Statistics Estonia, in November 2022, the total production of industrial enterprises decreased by 12.2% at constant prices compared with November 2021. Output fell in all three sectors – by 3.6% in electricity production, by 13.1% in manufacturing and by 11.1% in mining.

According to Statistics Estonia, the total production of industrial enterprises in 2021 was 6.4% bigger than the year before. Of the three main industrial sectors, production increased by 19.2% in energy production and by 6.4% in manufacturing but decreased by 15.7% in mining.

According to Statistics Estonia, in October 2019, the production of industrial enterprises decreased by 4% compared to October 2018. Production remained at the same level in manufacturing but decreased in energy and mining.

According to Statistics Estonia, in January 2021, exports of goods increased by 4% and imports by 13% year on year. The biggest driver of trade growth was exports of mineral products.

According to Statistics Estonia, the average gross monthly wages and salaries in the first quarter of 2023 were 1,741 euros, which is 13.3% higher than at the same time last year. The median wages, however, were 1,424 euros. The average real wages in the first quarter of 2023 were 1,443 euros, 3.2% lower than last year.