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Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the GDP, which had shown growth in the fourth quarter last year, was again down a little in the first quarter this year. “A month ago, we published a model-based flash estimate which suggested that the economy might be slightly improving. However, the flash estimate underestimated some irregular factors in the fourth quarter. Vehicle sales were exceptionally high in the fourth quarter in anticipation of the introduction of the motor vehicle tax from 2025. But the model could not fully foresee the significant

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

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added. Compared

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with March 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.7% in the manufacture of food products,” Šokman added. Compared with February, the producer price index in March

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with February 2024, the producer price index was most affected by price increases in electricity production, in the manufacture of wood and wood products, and the manufacture of food products. “Falling prices in the manufacture of fabricated metal products, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 2.3% in manufacturing as a whole and by 2.9% in the manufacture of food products,” Šokman added. Compared with January, the producer price

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

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, pointed out that although the producer price index has been falling year on year for the previous three months, a slight increase can be seen again in September. “Compared with September 2024, the index was most affected by price increases in the manufacture of wood and wood products, food products, and peat products. Falling prices in the manufacture of fuel oils, paper, and fabricated metal products had the opposite effect on the index,” Šokman added. Year on year, producer prices rose by 0.6% in manufacturing as a

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with December 2023, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of food products. “Falling prices in electricity and heat energy production and in the manufacture of fabricated metal products and electrical equipment had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.6% in the manufacture of food products,” Šokman pointed out

“Compared with the first quarter of 2025, the seasonally and working-day adjusted GDP was up by 0.5%,” stated Robert Müürsepp, team lead of national accounts at Statistics Estonia. According to Müürsepp, it is too early to say how the consumer price index adjustment will affect GDP calculations. “It is highly unlikely that it will have a significant impact,” he said. What is a flash estimate of GDP? Although the official GDP figure will be released on 29 August, the information currently available can be used to assess the overall economic situation. This includes trade indicators, transport

The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction