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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.

According to Statistics Estonia, in the third quarter of 2023, the construction price index increased by 0.3% compared with the second quarter and by 3.2% compared with the same time last year.

Helle Bunder, leading analyst at Statistics Estonia, said that, in April, the volume of industrial production increased in most major manufacturing activities, while in May output rose in just a few of the main industries. “Looking at the larger industries, output increased marginally, by less than one percent, in the manufacture of wood (0.6%) and food products (0.3%). Among the major activities, output decreased in the manufacture of fabricated metal products (5.4%), electrical equipment (3.9%) and computers and electronic products (12.6%),” noted Bunder. In May this year, 65.5% of the total

According to Statistics Estonia, by flash estimates, the gross domestic product (GDP) of Estonia increased by 3.9% in the 1st quarter of 2012 compared to the same quarter of the previous year.

Helle Bunder, leading analyst at Statistics Estonia, said that production volumes in manufacturing have shown a year-on-year increase each month this year. “There is an upward trend, but the growth has remained slow so far. On a positive note, output in the electronics industry has grown for three months in a row, and in August there was also an increase in the output of the manufacture of wood, which holds the biggest share among economic activities,” noted Bunder. In August, the volume of industrial production was up in two thirds of the manufacturing activities. Looking at the larger

Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing production in October decreased for the second month in a row. “Although the volume of industrial production was up in half of the manufacturing activities in October, the overall volume of the sector declined, mainly due to a decrease in the production of computers and electronic products (3.1%), food products (1.9%), and electrical equipment (6.8%). A slight drop was also seen in the manufacture of wood, at 0.8%,” Bunder added. “The decline in the production of computers and electronic products is primarily due to

In the first quarter, the total production value of Estonian construction enterprises was €752 million, including €546 million worth of building construction and €206 million worth of civil engineering. Compared with the first quarter of last year, the volume of building construction was up by 10%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was down by 6%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the domestic construction market was mainly affected by the increased

According to Statistics Estonia, in February 2024, the total production of industrial enterprises decreased by 5.7% at constant prices compared with the corresponding month a year earlier. Production increased by 19.3% in mining and by 2.6% in electricity production but decreased by 7% in manufacturing.

Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by