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Article

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

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

Estonia produces 71% of the meat consumed here

Kuupäev 14.04.2025
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  3. Estonia produces 71% of the meat consumed here
As at the end of last year, 232,400 cattle, 283,600 pigs, 49,300 sheep and goats, and 2.4 million poultry were kept in Estonia. The number of cattle fell to an all-time low. Ege Kirs, leading analyst at Statistics Estonia, pointed out that meat production in Estonia was up in 2024 due to the 6% increase in pork production. “However, poultry production decreased by 3% and beef production by 5%. Sheep and goat meat production in Estonia remained very low at 400 tonnes. 42,100 tonnes of pork, 22,200 tonnes of poultry meat, and 11,800 tonnes of beef were produced,” Kirs added. The imports of meat

The consumer price index continued to rise in August

Kuupäev 06.09.2024
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  3. The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.

In October, the consumer price index rose by 4.1% year on year

Kuupäev 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

HICP flash estimate: prices up by 1.3% in February

Kuupäev 03.03.2025
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  3. HICP flash estimate: prices up by 1.3% in February
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the exchange prices of electricity had the biggest influence on the harmonised index of consumer prices compared with the previous month as well as with February last year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.6% year on year,” said Veski. The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised

In June, the monthly change of the consumer price index was influenced the most by fruits and vegetables

Kuupäev 06.07.2012
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  3. In June, the monthly change of the consumer price index was influenced the most by fruits and vegetables
According to Statistics Estonia, the change of the consumer price index was 0.1% in June 2012 compared to May and 3.9% compared to June of the previous year.

In April, the monthly change in the consumer price index was mainly influenced by food and motor fuel

Kuupäev 08.05.2012
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  3. In April, the monthly change in the consumer price index was mainly influenced by food and motor fuel
According to Statistics Estonia, the change of the consumer price index was 0.3% in April 2012 compared to March and 4.0% compared to April of the previous year.

Retail trade volume has fallen for two years in a row

Kuupäev 30.09.2024
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  3. Retail trade volume has fallen for two years in a row
The turnover volume declined in stores selling manufactured goods and grocery stores, as well as in enterprises engaged in the retail sale of automotive fuel. Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that taking into account the data for August, the turnover volume of retail trade enterprises has been falling for 24 months in a row now. “The drop in the volume of retail trade turnover in August was mainly due to stores selling manufactured goods and grocery stores, as the turnover volume of each decreased by 4% year on year,” Pihlak added. Among stores selling

The decrease of the average monthly gross wages and salaries continued also at the end of the year

Kuupäev 25.02.2010
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  3. The decrease of the average monthly gross wages and salaries continued also at the end of the year
According to Statistics Estonia, in the 4th quarter of 2009, the average monthly gross wages and salaries were 12,259 kroons and the hourly gross wages and salaries were 74.25 kroons. Compared to the 4th quarter of 2008, the average monthly gross wages and salaries were by 6.5% lower and the average hourly gross wages and salaries were by 6.7% lower.

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