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HICP flash estimate: prices down by 0.3% in March

Kuupäev 01.04.2025
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  3. HICP flash estimate: prices down by 0.3% in March
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that preliminary data from the harmonised index of consumer prices indicate that prices have risen across almost all categories of goods and services compared with March 2024. “Clothing and footwear are again the only exception, as their prices were down by 3.6%,” noted Veski. 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 tourists and is comparable to the international HICP. The consumer

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

Exports of goods up by 17% and imports by 13% in March

Kuupäev 12.05.2025
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  3. Exports of goods up by 17% and imports by 13% in March
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that both exports and imports of goods increased in March, as in the first two months of the year. “Exports of goods grew in all commodity sections. The rise in exports was influenced by an even larger increase in re-exports, which rose by 27% year on year. This was mainly due to an increase in the re-exports of transport equipment,” Leppmets noted. The share of goods of Estonian origin in total exports fell by three percentage points year on year, accounting for 65% in March this year. Exports of goods of Estonian origin

In July, the consumer price index rose by 0.6% compared with June

Kuupäev 07.08.2025
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  3. In July, the consumer price index rose by 0.6% compared with June
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in July was up by 0.6% compared with June and by 5.4% year on year. “The last time the year-on-year change in the index was this high was in July 2023, when it stood at 6.4%. Compared with July 2024, the index was affected the most by the 9.1% higher prices of food products. The year-on-year increase in healthcare costs (10.5%) is mainly due to the price lists of healthcare services, which were updated in April,” Veski said, adding that a year-on-year fall was registered in the prices

In the second quarter, exports of services grew by 8% and imports by 11%

Kuupäev 02.09.2025
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  3. In the second quarter, exports of services grew by 8% and imports by 11%
Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

1,369,285 people: Estonia's population decreased according to preliminary data

Kuupäev 16.01.2025
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  3. 1,369,285 people: Estonia's population decreased according to preliminary data
Terje Trasberg, leading analyst at Statistics Estonia, said that 2024 was similar to 2023. “Last year, almost 6,000 more people died than were born. Immigration exceeded emigration by 550 people. While in the last two years, positive net migration compensated for the exceptionally low number of births, in 2024 the population as a whole also declined by more than 5,000 people,” Trasberg explained. Number of births continues to drop The analyst noted that the decline in births accelerated further in 2024 compared with 2023. “9,646 babies were born in 2024, which is more than 1,000 fewer than the

The consumer price index rose by 6.1% year on year

Kuupäev 05.09.2025
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  3. The consumer price index rose by 6.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July

Exports of goods up by 9% and imports by 11% in July

Kuupäev 09.09.2025
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  3. Exports of goods up by 9% and imports by 11% in July
Jane Leppmets, foreign trade analyst at Statistics Estonia, said that, in July, exports of goods grew primarily due to re-exports, i.e., the re-exports of previously imported goods increased by 26%. “The re-exports of mineral products (incl. natural gas) and transport equipment rose the most,” the analyst added. Exports of goods of Estonian origin fell by 1%. Goods of Estonian origin accounted for 59% of total exports in July, and their share decreased by six percentage points year on year. The decline was mainly influenced by lower exports of mineral products, wood and articles of wood, and

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

Higher prices of wood products had the biggest impact on the producer price index in December

Kuupäev 20.01.2025
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  3. Higher prices of wood products had the biggest impact on the producer price index in December
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with December 2023, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of food products. “Falling prices in electricity and heat energy production and in the manufacture of fabricated metal products and electrical equipment had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.6% in the manufacture of food products,” Šokman pointed out

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