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Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations

Kuupäev 11.12.2024
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  3. Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations
Minister of Education and Research Kristina Kallas stated that the survey results suggest we are moving in the right direction with our education reforms. “People with lower education levels tend to have weaker skills and lower life satisfaction. Extending compulsory education, as we recently initiated, is clearly the right direction in light of these results. The survey also shows that Russian-speaking residents face challenges in the labor market due to lower skills, often caused by insufficient proficiency in Estonian. Transitioning to Estonian-language education is crucial, and we need to

Retail trade volume up by 3% in January

Kuupäev 28.02.2025
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  3. Retail trade volume up by 3% in January
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

The producer price index rose by 0.2% in October year on year

Kuupäev 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
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

Inflation reduced GDP growth to just 0.6% in the second quarter

Kuupäev 31.08.2022
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  2. Inflation reduced GDP growth to just 0.6% in the second quarter
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.

Retail trade volume down by 3% last year

Kuupäev 31.01.2025
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  3. Retail trade volume down by 3% last year
Johanna Linda Pihlak, analyst at Statistics Estonia, noted that the biggest decline at 4% was registered in the turnover volume of stores selling manufactured goods. In grocery stores, the volume of turnover was down by 3%. “However, the turnover volume of enterprises engaged in the retail sale of automotive fuel increased by 2% last year,” added Pihlak. Retail trade volume turned to growth again in the last month of the year. “The turnover of retail trade enterprises was €1 billion in December 2024, and compared with the same month in 2023, turnover volume was up by 1%,” Pihlak pointed out

In manufacturing, prices have risen for several months in a row

Kuupäev 20.12.2024
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  3. In manufacturing, prices have risen for several months in a row
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with November 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils and fabricated metal products. “Increased prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of food products had the opposite effect on the index, so that prices in manufacturing as a whole rose by 1.1% in November. In manufacturing, prices have increased for several months

Construction price index up by 1.4% compared with the second quarter of last year

Kuupäev 22.07.2025
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  3. Construction price index up by 1.4% compared with the second quarter of last year
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

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Recession was wide-ranging in the first quarter

Kuupäev 31.05.2023
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  3. Recession was wide-ranging in the first quarter
According to Statistics Estonia, the gross domestic product (GDP) decreased by 3.2% at constant prices in the first quarter of 2023 compared with the same quarter a year earlier. The GDP at current prices amounted to 8.7 billion euros.

Construction volume down by 6% last year

Kuupäev 21.02.2025
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  3. Construction volume down by 6% last year
The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

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