Search results

Riin Kadarik, leading analyst at Statistics Estonia, said that the output of manufacturing was down for the fourth consecutive month. “In May, the main reason for this was again the manufacture of food products which decreased by 3.5%. The output of the food industry has shown year-on-year decrease for five months in a row, but the decline in May was smaller than in April,” added Kadarik. In May, the volume of industrial production was up in two thirds of the manufacturing activities. “The largest manufacturing activity – the manufacture of wood – did not grow in May and remained at the same

Helle Bunder, leading analyst at Statistics Estonia, explained that manufacturing output, which had shown growth for eight months, started to decrease slightly in September. “Although output increased in most larger manufacturing industries, there was a notable fall in production volumes in several medium-sized manufacturing activities. A more significant decrease occurred in the manufacture of shale oil (37.9%), machinery and equipment n.e.c. (22.2%) and beverages (21%),” she added. Bunder mentioned price cuts in September as one of the reasons for the decreased output of shale oil. “In the

Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing production in October decreased for the second month in a row. “Although the volume of industrial production was up in half of the manufacturing activities in October, the overall volume of the sector declined, mainly due to a decrease in the production of computers and electronic products (3.1%), food products (1.9%), and electrical equipment (6.8%). A slight drop was also seen in the manufacture of wood, at 0.8%,” Bunder added. “The decline in the production of computers and electronic products is primarily due to

Tea Vassiljeva, leading analyst at Statistics Estonia, said that the decline in unemployment is a sign that the economy is improving. “However, there are no grounds for optimism yet, as there has been no rise in employment and the share of economically inactive people among the working-age population is substantial,” added Vassiljeva. In the second quarter, the number of employed persons was 691,600 – this is 5,700 fewer than a year earlier but 5,300 more than in the first quarter. The employment rate was 68.6%, which is slightly lower than last year and just 0.6 percentage points higher than

In July, the enterprises’ confidence indicator remained the highest in trade (+10.5), although compared with June, trade enterprises have become more cautious in forecasting sales for the next three months. The indicator was +6.5 in the services sector and +0.3 in the industry sector. The confidence indicator remained the lowest in the construction sector (-14.6). As in the previous month, construction enterprises consider insufficient demand to be the main factor limiting construction activity. In addition, compared with June, there has been an increase in the share of enterprises which

Riin Kadarik, leading analyst at Statistics Estonia, said that manufacturing output continued to decline in April, similarly to March and February. “The main reason for this was the 8% decrease in the manufacture of food products. In this activity, there has been a year-on-year decline in output for fourth months in a row. It is likely that the conflict in the Middle East has started to affect supply chains, and inflation also continues to influence food manufacturing,” added Kadarik. In April, the volume of production increased in slightly more than half of manufacturing activities. Looking

Riin Kadarik, leading analyst at Statistics Estonia, noted that manufacturing output declined for the fifth month in a row. “The manufacture of wood, the largest manufacturing activity, was down by 2%. In June, there was again a decline in the manufacture of food products, which fell by 3.3%. In food manufacturing, there has been a year-on-year decline in output for six months in a row, but in June compared with May, the decline slowed down,” said Kadarik. In June, the volume of production increased in one third of manufacturing activities but decreased in two thirds. Among the five major

Helle Bunder, leading analyst at Statistics Estonia, said that, in June, the volume of industrial production increased in more than half of the manufacturing activities, including most of the major activities. “Looking at the larger industries, there was an increase in output in the manufacture of wood (4.0%), fabricated metal products (10.2%), computers and electronic products (8.0%), and electrical equipment (3.2%). Among the major industries, output decreased in the manufacture of food products (5.1%) and rubber and plastic products (4.7%),” the analyst noted. In June 2025, 64.8% of the

Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia, said that these monthly surveys provide fast and regular assessments of the economic situation and expected developments and also collect information about economic and consumer confidence. “These surveys give an overview of current economic tendencies – often before other official statistics indicators are published. The surveys also allow easy comparisons of the economic situation across European Union countries,” explained Raasik. The business and consumer surveys used to be carried out by the

Helle Bunder, leading analyst at Statistics Estonia, said that manufacturing output showed growth again in November after two months of decline. “It was driven by the manufacture of motor vehicles, trailers and semi-trailers, where output increased by more than half mainly due to the defence industry. There was also a significant rise in the manufacture of other transport equipment, which includes the output of the manufacture of recreational craft,” noted Bunder. In November, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger