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Today, on 3 November, Statistics Estonia presents the publication “Changes in the Economy and Labour Market” which outlines the relevant trends in the last decade.

According to the second estimates of Statistics Estonia, the gross domestic product (GDP) of Estonia increased by 3.6% in the 1st quarter of 2012 compared to the same quarter in the previous year. The GDP growth decelerated for the second quarter in succession.

According to Statistics Estonia, in the 3rd quarter of 2012, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

According to Statistics Estonia, tax benefits turned the year 2008 an unprecedented profitable tax year for the residents of Estonia, enabling substantially to reduce the tax burden of the employed persons.

According to Statistics Estonia, the sharp decrease of freight volume of transport enterprises in Estonia continued in 2009. The freight turnover decreased by 13% and the economic crisis affected remarkably the road transport enterprises. Passenger transport did not change significantly.

Statistics Estonia started to employ enumerators for the pilot Census of the 2011 Population and Housing Census (REL 2011). The total of 24 persons will be employed to enumerate the population.

According to Statistics Estonia, the net sales of the business sector amounted to 130 billion kroons in the 2nd quarter of 2009 which at current prices was 23% less than in the 2nd quarter of the previous year.

According to Statistics Estonia, in the 2nd quarter of 2010, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

According to Statistics Estonia, in the 1st quarter of 2011, the net sales, costs and total profit of the business sector increased compared to the previous quarter as well as to the same quarter of the previous year.

According to the preliminary data of Statistics Estonia, in 2011 the total profit of the business sector was 2.8 billion euros, which is 40% more than the year before. The enterprises last earned a similar total profit in 2006 and 2008.