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Article

In July, electricity was cheaper but food more expensive

Date 07.08.2020
Article
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  3. In July, electricity was cheaper but food more expensive
According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.

In October, retail trade enterprises did better than last year

Date 30.11.2020
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  2. In October, retail trade enterprises did better than last year
According to Statistics Estonia, in October 2020, the turnover of retail trade enterprises was 665 million euros. Compared to October 2019, turnover increased by 6% at constant prices.

Unemployment rate reached 7.1 percent

Date 14.08.2020
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  3. Unemployment rate reached 7.1 percent
According to Statistics Estonia, in the second quarter of 2020, the labour force participation rate was 70.4%, the employment rate was 65.4%, and the unemployment rate was 7.1%. There were 49,400 unemployed persons, which is 14,400 more than in the first quarter.

Financial statistics of enterprises improved in 2016

Date 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.

Higher cost of materials had the biggest impact on the rise in construction prices last year

Date 23.01.2024
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  3. Higher cost of materials had the biggest impact on the rise in construction prices last year
According to Statistics Estonia, in 2023, the construction price index increased by 6.1% compared with the average of 2022. In the fourth quarter of last year, the construction price index increased by 0.9% compared with the third quarter. The index increased by 2.2% compared with the fourth quarter of 2022.

In the third quarter, Estonian economy grew by 8.6%

Date 30.11.2021
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  2. In the third quarter, Estonian economy grew by 8.6%
According to Statistics Estonia, in the third quarter of 2021, the gross domestic product (GDP) grew by 8.6% year on year. The GDP at current prices was 7.9 billion euros.

In November, retail trade fared better than last year

Date 31.12.2020
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  2. In November, retail trade fared better than last year
According to Statistics Estonia, in November 2020, the turnover of retail trade enterprises was 655 million euros. Compared to November 2019, turnover increased by 6% at constant prices.

In the first quarter, part-time employment increased

Date 15.05.2020
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  3. In the first quarter, part-time employment increased
According to Statistics Estonia, in the first quarter of 2020, the labour force participation rate in Estonia was 71.7%, the employment rate was 68.1%, and the unemployment rate was 5%. These indicators do not yet reflect the negative impact of the emergency situation on the Estonian labour market.

Record economic growth in the second quarter (corrected on 31.08.2021)

Date 31.08.2021
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  2. Record economic growth in the second quarter (corrected on 31.08.2021)
According to Statistics Estonia, in the second quarter of 2021, the gross domestic product (GDP) grew by 12.9% year on year. The GDP at current prices was 7.4 billion euros.

Food prices had the biggest impact on the consumer price index in January

Date 07.02.2023
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  3. Food prices had the biggest impact on the consumer price index in January
The increase in the consumer price index in January was 0.8% compared with December 2022 and 18.6% compared with January 2022. Goods were 19.0% and services 17.8% more expensive than in January last year.

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