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Producer price index of industrial output rose in July

Kuupäev 21.08.2024
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  3. Producer price index of industrial output rose in July
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

In February, the industrial producer price index was affected the most by the rising price of electricity

Kuupäev 20.03.2025
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  3. In February, the industrial producer price index was affected the most by the rising price of electricity
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

Producer price index of industrial output down by 0.5% from last year

Kuupäev 22.07.2024
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  3. Producer price index of industrial output down by 0.5% from last year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 0.7% in June 2024 compared with May and decreased by 0.5% compared with June last year.

In January, the producer price index remained at the same level year on year

Kuupäev 28.02.2025
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  3. In January, the producer price index remained at the same level year on year
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

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

According to revised data, economic growth is yet to be seen

Kuupäev 30.05.2025
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  3. According to revised data, economic growth is yet to be seen
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

Sales of herbicides were again the highest last year

Kuupäev 11.06.2021
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  2. Sales of herbicides were again the highest last year
According to Statistics Estonia, in 2020, 784 tonnes of pesticides by active substance were placed on the market in Estonia. The majority of these pesticides were herbicides, while the sales of fungicides and growth regulators were the highest of the last decade.

Economy grew by 1.2% in Q4 of 2024

Kuupäev 03.03.2025
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  3. Economy grew by 1.2% in Q4 of 2024
Robert Müürsepp, the national accounts team lead at Statistics Estonia, said that the fourth quarter marked the end of 10 quarters of recession. “The last time the GDP grew was in the first quarter of 2022,” Müürsepp noted. In contrast to previous quarters, the majority of activities had a positive impact on the economy. “The energy sector led the way, with value added increasing by 21%. This was followed by real estate activities and information and communication – both saw their value added rise by 5.7%. Notably, manufacturing also recovered from the crisis, growing by 0.5%. The value added

The number of unemployed persons is at the highest level of the last 12 years

Kuupäev 15.05.2025
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  3. The number of unemployed persons is at the highest level of the last 12 years
Tea Vassiljeva, analyst at Statistics Estonia, explained that there were 64,200 unemployed persons in the first quarter of 2025, which is the highest value of this indicator in the last 12 years. “The number of the unemployed increased by 5,300 compared with the same quarter of last year. The unemployment rate rose to 8.6%, which is 0.8 percentage points more than a year earlier and 1.2 percentage points more than in the fourth quarter of last year,” noted Vassiljeva. The unemployment rate was 9% for men and 8.2% for women. “Ida-Viru county was the only region where the unemployment rate

The decline in the producer price index of industrial output continued

Kuupäev 20.03.2024
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  3. The decline in the producer price index of industrial output continued
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

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