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Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

Robert Müürsepp, team lead of national accounts at Statistics Estonia, said that, compared with the previous quarter, the economy was stable. “Compared with the second quarter of 2024, the seasonally and working-day adjusted GDP was up by 0.1%,” noted Müürsepp. According to Eurostat , the EU economy showed slightly faster growth in the third quarter, as the increase in GDP was 0.9% year on year. Statistics Estonia will publish more detailed GDP data for the third quarter of 2024 on 29 November . See also the GDP flash estimate in the statistical database . Learn more about national accounts

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

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the rise in the volume of retail trade turnover in March was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods. “On the other hand, the decline in the turnover volume of grocery stores accelerated in March, as the turnover volume of these stores was down by 7% year on year,” added Pihlak. The volume of turnover in enterprises engaged in the retail sale of automotive fuel increased by 15% compared with March 2024. “The increase in the turnover volume of these enterprises was

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

Johanna Linda Pihlak, analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises was up by 1% in December year on year and grew even more in January. “The rise in retail trade volume in January was mainly due to stores selling manufactured goods, where turnover volume rose by 6% compared with January 2024,” explained Pihlak. Among stores selling manufactured goods, turnover volume increased the most, by 15%, in stores selling via mail order or the internet. The volume of turnover was up by 11% in other specialised stores selling predominantly computers and their

Johanna Linda Pihlak, analyst at Statistics Estonia, said that retail trade volume started to grow again in January this year and the growth continued in February. “The growth rate, however, was slightly slower in February than in January,” she added. In February, the increase in the volume of retail trade turnover was influenced by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods. Compared with February 2025, the volume of turnover grew by 17% in enterprises engaged in the retail sale of automotive fuel and by 8% in stores selling manufactured

Helga Laurmaa, leading analyst at Statistics Estonia, said that 110,000 foreign and 120,000 domestic tourists were accommodated in Estonia in February 2025. “The number of foreign tourists increased by 3% year on year and reached the level of February 2019. However, in February 2020, just before the crisis, 10,000 more foreign tourists (8%) stayed in accommodation establishments than in February this year,” Laurmaa added. The number of domestic tourists in February was 2% higher than at the same time last year. Helga Laurmaa pointed out that, compared with pre-crisis February 2020, the number

According to Statistics Estonia, in the 1st quarter of 2017, the Dwelling Price Index changed by -0.1% compared to the 4th quarter of 2016 and by 7.7% compared to the 1st quarter of 2016.

According to Statistics Estonia, in the third quarter of 2022, the gross domestic product (GDP) fell by 2.4% year on year. The GDP at current prices was 9.3 billion euros.