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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 export, fell by 0.4% in October 2023 compared with September and by 3.0% compared with October last year.

According to Statistics Estonia, in the first quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 11% at constant prices compared with the same period a year earlier.

Piret Pukk, leading analyst at Statistics Estonia, said that Estonian residents have been travelling more in recent years but are still not making as many trips as before the pandemic, especially as concerns outbound trips. “Last year, the number of domestic trips was again over two times bigger than the number of outbound trips. In 2019, Estonian residents made 1.7 million overnight outbound trips and 3.5 million overnight domestic trips. In 2024, the number of trips abroad was 9% smaller than in 2019, while the number of domestic trips was almost back at the pre-pandemic level,” said Pukk

According to Statistics Estonia, more than 251,000 tourists stayed in accommodation establishments in October 2023, which is 7% less than in October last year and 8% less than in September this year. Year on year, accommodation establishments hosted fewer foreign as well as domestic tourists.

According to Statistics Estonia, in June, the turnover of retail trade enterprises was 896 million euros. Compared with June 2022, turnover fell by 8% at constant prices.

According to Statistics Estonia, in March 2022, the total production of industrial enterprises increased by 7.8% at constant prices compared to March 2021. Output increased in all three sectors: by 6.6% in manufacturing, 5.2% in mining, and 21.3% in energy production.

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 export, increased by 0.1% in August 2023 compared with July and decreased by 4.4% compared with August last year.

According to Statistics Estonia, in October 2021, the total production of industrial enterprises increased by 2.8% year on year. Production increased by 11.8% in energy production and by 3.5% in manufacturing, but decreased by 39.7% in mining.

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.

​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