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Increased prices of wood products had the biggest impact on the producer price index of industrial output

Date 20.09.2024
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  3. Increased prices of wood products had the biggest impact on the producer price index of industrial output
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 1.0% in August 2024 compared with July and by 1.7% compared with August last year.

In September, production decreased significantly in the electronics industry

Date 03.11.2023
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  3. In September, production decreased significantly in the electronics industry
According to Statistics Estonia, in September 2023, the total production of industrial enterprises decreased by 12.5% at constant prices compared with the corresponding month of 2022. Output fell in two sectors: by 37.6% in electricity production and by 10.9% in manufacturing. In mining, output remained almost at the same level, as the decrease was just 0.3% year on year.

There were more foreign tourists accommodated in August (corrected on 11.10.2024)

Date 09.10.2024
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  3. There were more foreign tourists accommodated in August (corrected on 11.10.2024)
The corrections are marked in red, and we have also updated the map. Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of accommodated tourists was still 7% lower than in August 2019. “In August this year, 232,000 foreign and 224,000 domestic tourists were accommodated in Estonia. There were 14% more foreign tourists and 1% fewer domestic tourists than in August last year,” added Laurmaa. Nearly 69,000 tourists arrived from Finland, representing 30% of all accommodated foreign tourists. Accommodation establishments served 27,000 tourists from Latvia (12%), 22,000

Decline in industrial production accelerated in April

Date 05.06.2023
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  3. Decline in industrial production accelerated in April
According to Statistics Estonia, in April 2023, the total production of industrial enterprises decreased by 15.1% at constant prices compared with the corresponding month of 2022. Output fell in all three sectors: by 22.0% in electricity production, by 14.7% in manufacturing, and by 9.1% in mining.

Decline in retail trade volume in April was most affected by grocery stores

Date 30.05.2024
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  3. Decline in retail trade volume in April was most affected by grocery stores
According to Statistics Estonia, in April 2024, the turnover of retail trade enterprises was €842 million. Compared with April 2023, the volume of retail trade turnover fell by 3%.

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

Average wages increased by 5.6% last year

Date 05.03.2026
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  3. Average wages increased by 5.6% last year
Krista Vaikmets, leading analyst at Statistics Estonia, said that wage growth slowed down in 2025. “Last year, wages and salaries did not grow as fast as in previous years, but monthly gross wages still increased in all counties. The biggest increase was registered in Valga, Põlva and Rapla counties where gross wages were up by more than 6.5% last year,” she said. Vaikmets added that, in 2025, the average monthly gross wages and salaries were the highest in Harju county (2,336 euros), rising by 5.3% year on year, and in Tartu county (2,112 euros), growing by 5.9% year on year. “Looking at

In January, the decline in industrial production slowed down

Date 10.03.2023
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  3. In January, the decline in industrial production slowed down
According to Statistics Estonia, in January 2023, the total production of industrial enterprises decreased by 7.3% at constant prices compared with January 2022. Output fell in all three sectors – by 14.2% in electricity production, by 6.3% in manufacturing and by 2.9% in mining.

Inflation reduced GDP growth to just 0.6% in the second quarter

Date 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
In the second quarter of 2022, the gross domestic product (GDP) grew by 0.6% year on year. The GDP at current prices was 9 billion euros.

Industrial production fell in almost all manufacturing activities in July

Date 04.09.2023
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  3. Industrial production fell in almost all manufacturing activities in July
According to Statistics Estonia, in July 2023, the total production of industrial enterprises decreased by 9.5% at constant prices compared with the year before. Output declined in all three main sectors: by 33.6% in electricity production, by 7.0% manufacturing, and by 20.7% mining.

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