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Decline in construction volumes continued in the first quarter

Date 27.05.2024
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  3. Decline in construction volumes continued in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the total production value of construction enterprises in Estonia and abroad decreased by 13% compared with the same quarter a year earlier. On the domestic construction market, volume fell by 14%.

Producer price index of industrial output, export and import price index, September 2024

Date 21.10.2024
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  3. Producer price index of industrial output, export and import price index, September 2024
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the

Industrial production volume fell by 10.5% last year (corrected 07.02.2024)

Date 06.02.2024
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  3. Industrial production volume fell by 10.5% last year (corrected 07.02.2024)
According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.

Environmental subsidies and similar transfers accounts

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Volume of industrial production down by 8.6% in January (Corrected on 08.03.24)

Date 08.03.2024
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  3. Volume of industrial production down by 8.6% in January (Corrected on 08.03.24)
According to Statistics Estonia, in January 2024, the total production of industrial enterprises decreased by 8.6% at constant prices compared with January 2023. Among the three main sectors, output fell by 11.9% in manufacturing and remained almost the same in mining, falling by just 0.6%. In energy production, output increased by 15%.

The rise in construction prices in the first quarter was curbed by the lower cost of materials

Date 22.04.2025
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  3. The rise in construction prices in the first quarter was curbed by the lower cost of materials
Ülo Paulus, leading analyst at Statistics Estonia, said that in the first quarter of this year, compared with the same period in 2024, the construction price index was primarily influenced by the 2.9% increase in employees’ wages, which accounted for 54% of the index change. “Compared with the fourth quarter of last year, labour force was 0.6% more expensive and the cost of using building machines rose by 0.3%, while the prices of building materials were down by 0.2%,” explained Paulus. The repair and reconstruction work price index decreased by 0.5% compared with the fourth quarter of 2024

The 2024 major revision of Estonia’s GDP has been completed

Date 16.08.2024
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  3. The 2024 major revision of Estonia’s GDP has been completed
Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.

In July, retail trade volume decreased by 2%

Date 29.08.2024
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  3. In July, retail trade volume decreased by 2%
According to Statistics Estonia, in July 2024, the turnover of retail trade enterprises was 892 million euros. Compared with July 2023, the volume of retail trade turnover fell by 2%.

In July, 13% more foreign tourists were accommodated than last year

Date 11.09.2024
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  3. In July, 13% more foreign tourists were accommodated than last year
According to Statistics Estonia, accommodation establishments served 507,600 tourists in July 2024, which is 5% more than in July last year. The number of foreign tourists increased, but the number of domestic tourists decreased in July.

Decline in retail trade volume in June was most affected by stores selling manufactured goods

Date 30.07.2024
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  3. Decline in retail trade volume in June was most affected by stores selling manufactured goods
According to Statistics Estonia, in June 2024, the turnover of retail trade enterprises was €866 million. Compared with June 2023, the volume of retail trade turnover fell by 5%.

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