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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

“According to the GDP flash estimate, the economic recovery continued in the second quarter at a pace similar to the growth seen in the first quarter,” said Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia. Compared with the first quarter of 2026, the seasonally and working-day adjusted GDP grew by 0.4% according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the second quarter of 2026 will be published by Statistics Estonia on 31 August, but based on the information already available, it is possible to assess the overall

Johanna Linda Pihlak, leading analyst at Statistics Estonia, pointed out that the turnover volume of retail trade enterprises, which declined in May, started to grow again in June. The increase in turnover volume in June was driven by grocery stores, where turnover volume grew after more than two years of decline. “The turnover volume of grocery stores increased by 1% compared with June last year. The last time the turnover volume of grocery stores grew was in March 2024,” explained Pihlak. The turnover volume of both enterprises engaged in the retail sale of automotive fuel and stores selling

The corrections are marked in red. “In June, 214,600 foreign and 176,000 domestic tourists were accommodated in Estonia. As in June last year, we had more foreign tourists (55%) than domestic tourists (45%),” said Helga Laurmaa, leading analyst at Statistics Estonia. In 2025, the number of foreign tourists has increased in most months. “Compared with June last year, there were now 5% more foreign tourists staying in accommodation establishments, but their numbers have not yet fully recovered from the pandemic slump,” the analyst noted. “There were 2% fewer domestic tourists in accommodation

278,000 foreign and approximately 224,000 domestic tourists were accommodated in Estonia in July. “As in July last year, we had more foreign tourists (55%) than domestic tourists (45%) accommodated in this year’s July,” said Helga Laurmaa, leading analyst at Statistics Estonia. In 2025, the number of foreign tourists staying in our accommodation establishments has increased in almost every month. “Compared with July last year, the number of foreign tourists was up by 2%, but it was still 15% lower than in July 2019, before the pandemic,” she noted. There were 5% fewer domestic tourists in

The monthly surveys allow the regular assessment of current economic tendencies and are also used for forecasting. “Among other things, the economic sentiment surveys reveal whether Estonian households are able to save money or whether they can afford to make major purchases. The business surveys show how enterprises in the construction, industry, trade and services sectors are doing, and which factors influence their performance,” explained Kaire Raasik, Head of the Economic and Environmental Statistics Department at Statistics Estonia. The data collected with the business and consumer

“According to the GDP flash estimate, there are several indications of economic improvement in the first quarter, compared with both the first and the last quarter of 2025,” said Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia. Compared with the fourth quarter of 2025, the seasonally and working-day adjusted GDP grew by 0.6% according to the flash estimate. What is a flash estimate of GDP? The official data on GDP for the first quarter of 2026 will be published by Statistics Estonia on 29 May, but based on the information already available, it is possible to assess

The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the year-on-year increase in prices has not been this low since spring 2021, when the economy was recovering from the coronavirus pandemic. “Compared with August 2025, the index was primarily influenced by the increase in housing-related and transport costs

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

Johanna Linda Pihlak, leading analyst at Statistics Estonia, said that the turnover volume of retail trade enterprises started to decline in May, after a period of growth since the beginning of the year. “This was due to stores selling manufactured goods where the volume of turnover was down by 5% year on year. The turnover volume of stores selling manufactured goods had not fallen since November 2025,” explained Pihlak. “The turnover volume of grocery stores did not start to rise in May – it remained at the same level as in May last year,” added Pihlak. The turnover volume of enterprises