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GDP flash estimate: economy grew by 0.9% in Q3

Kuupäev 30.10.2025
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  3. GDP flash estimate: economy grew by 0.9% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that initial signs indicate a slight improvement in the economy compared with both a year ago and the previous quarter. “The seasonally and working-day adjusted GDP was up by 0.2% from the second quarter of 2025,” Müürsepp added. What is a flash estimate of GDP? The official data on GDP for the third quarter will be published on 1 December, but based on the information already available, it is possible to assess the overall economic trend. This is done using, for example, trade indicators, transport and manufacturing

Producer price index of industrial output rose by 1.4% in April year on year

Kuupäev 20.05.2025
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  3. Producer price index of industrial output rose by 1.4% in April year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with April 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity and heat energy production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils and paper and paper products had the opposite effect on the index. Producer prices increased by 1.0% in manufacturing as a whole and by 3.0% in the manufacture of food products,” Šokman added. Compared with March, the producer price index in April

Construction prices rose by 1.6% in 2024

Kuupäev 21.01.2025
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  3. Construction prices rose by 1.6% in 2024
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

There were 12,040 job vacancies in the third quarter

Kuupäev 06.12.2023
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  3. There were 12,040 job vacancies in the third quarter
According to Statistics Estonia, in the third quarter of 2023, there were 12,040 job vacancies in the enterprises, institutions and organisations of Estonia. This is 8.7% less than in the same quarter last year. A little under 6,000 persons left their job at the initiative of the employer.

Construction volume down by 1.2% in the second quarter

Kuupäev 28.08.2025
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  3. Construction volume down by 1.2% in the second quarter
In the second quarter, the total production value of Estonian construction enterprises was 995 million euros, including 617 million euros’ worth of building construction and 378 million euros’ worth of civil engineering. Compared with the second quarter of last year, the volume of building construction fell by 1.2% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 5%. Merike Sinisaar, leading analyst at Statistics Estonia, said that construction volumes had briefly grown in the first quarter but

Construction volume up by 5% in the first quarter

Kuupäev 27.05.2025
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  3. Construction volume up by 5% in the first quarter
In the first quarter, the total production value of Estonian construction enterprises was €752 million, including €546 million worth of building construction and €206 million worth of civil engineering. Compared with the first quarter of last year, the volume of building construction was up by 10%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 6%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the domestic construction market was mainly affected by the increased

3 skills that Estonian enterprises consider important for employees

Kuupäev 09.09.2024
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  3. 3 skills that Estonian enterprises consider important for employees
Which skills should be acquired to remain competitive on the labour market and to prepare for the future? These questions are answered by the Continuing Vocational Training Survey conducted by Statistics Estonia.

Volume of industrial production up by 0.9% in May

Kuupäev 04.07.2025
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  3. Volume of industrial production up by 0.9% in May
Helle Bunder, leading analyst at Statistics Estonia, said that, in April, the volume of industrial production increased in most major manufacturing activities, while in May output rose in just a few of the main industries. “Looking at the larger industries, output increased marginally, by less than one percent, in the manufacture of wood (0.6%) and food products (0.3%). Among the major activities, output decreased in the manufacture of fabricated metal products (5.4%), electrical equipment (3.9%) and computers and electronic products (12.6%),” noted Bunder. In May this year, 65.5% of the total

Industrial production volumes up by 2.9% in June

Kuupäev 05.08.2025
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  3. Industrial production volumes up by 2.9% in June
Helle Bunder, leading analyst at Statistics Estonia, said that, in June, the volume of industrial production increased in more than half of the manufacturing activities, including most of the major activities. “Looking at the larger industries, there was an increase in output in the manufacture of wood (4.0%), fabricated metal products (10.2%), computers and electronic products (8.0%), and electrical equipment (3.2%). Among the major industries, output decreased in the manufacture of food products (5.1%) and rubber and plastic products (4.7%),” the analyst noted. In June 2025, 64.8% of the

Financial statistics of enterprises improved in 2016

Kuupäev 05.06.2018
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  3. Financial statistics of enterprises improved in 2016
After a few years of stagnation, 2016 can be considered rather successful for enterprises – the turnover, investments as well as the number of active enterprises increased by 4%. The improved results were reflected also in profits – the profit for the reporting year increased by 11%. Productivity indicators improved also.

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