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The business and consumer surveys reflect economic confidence in four business sectors and among consumers. A confidence indicator* is calculated for each sector based on the survey responses. These indicators are used for economic forecasting and international comparisons, among other things. The results of the May survey show that the confidence indicator was the highest in the trade sector (+14). The confidence indicator was -0.1 for the services sector and -0.9 for the industry sector. The construction sector had the lowest confidence indicator (-17.1), with insufficient demand cited as

Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the year-on-year increase in prices has been very small in the last three months – the last time that prices rose so little was in spring 2021. “Although housing and transport costs have increased compared with August last year, the index was driven down by the decrease in the prices of food and non-alcoholic beverages,” explained Veski. Housing costs were influenced by the rise in the prices of refuse collection (53.6%), wood fuel (10%) and electricity (3.7%) compared with August last year. Fuels were

Jane Leppmets, foreign trade statistics analyst at Statistics Estonia, said that goods of Estonian origin accounted for 63% of Estonia’s total exports in July, and this share rose by four percentage points year on year. “Exports of goods of Estonian origin increased by 10% compared with July last year. This increase was supported by the greater exports of mineral products of Estonian origin, including shale oil,” explained Leppmets. “Re-exports, i.e. the exports of previously imported goods, declined by 7% in July year on year, mainly due to the decreased re-exports of mineral fuels,” she

According to Statistics Estonia, in 2018, 65% of the Estonian gross value added was created in Harju county, but the rest of the country is slowly catching up with Harju county.

We have revised the sentence “Housing costs were primarily influenced by the rise in the prices of electricity (6.1%), natural gas through networks (44.5%), mixed municipal waste collection (56.6%) and wood fuel (10.6%)”. The term “refuse collection” was replaced with the term “mixed municipal waste collection”. Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the increase in prices had been slower for several months but was faster again in September. “Year on year, the index rise was influenced the most by the higher costs of housing and transport

According to Statistics Estonia, in the first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

According to Statistics Estonia, in May 2021, the turnover of retail trade enterprises was 778 million euros. Compared to May 2020, turnover increased by 18% at constant prices.

According to Statistics Estonia, the year-on-year growth of the gross domestic product (GDP) of Estonia was 4.5% in the first quarter of 2019.

In the energy sector, the volume of electricity production (in megawatt-hours) decreased by 19.9% and the production of heat by 7.2% in July. Helle Bunder, leading analyst at Statistics Estonia, said that the decline in electricity production in July was due to domestic production being replaced by imports. “Electricity imports increased significantly in July as a result of the restoration of the Estlink 2 connection at the end of June this year,” Bunder pointed out. In July, the volume of industrial production was up in half of the manufacturing activities. Growth was driven by the metal and

According to Statistics Estonia, in 2023, the total production of industrial enterprises fell by 10.5% at constant prices compared with the year before. Output decreased in all three industrial sectors: by 21% in electricity production, by 9.8% in manufacturing, and by 4.7% in mining.