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The decline in the producer price index of industrial output continued

Kuupäev 20.03.2024
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  3. The decline in the producer price index of industrial output continued
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

Average wages and salaries rose by 8.1% last year

Kuupäev 06.03.2025
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  3. Average wages and salaries rose by 8.1% last year
Sigrid Saagpakk, analyst at Statistics Estonia, said that the average monthly gross wages and salaries in 2024 were the highest in Tallinn (€2,325) and in Harju (€2,218) and Tartu (€1,995) counties. “Compared with 2023, the biggest increase in wages and salaries was seen in Hiiu (9.9%) and Ida-Viru (9.7%) counties. Wages and salaries rose by more than 6.5% in all Estonian counties,” the analyst stated. The highest average wages and salaries in 2024 were found in information and communication, at €3,484. “This was followed by financial and insurance activities (€3,127) and electricity, gas

In November, the volume of industrial production was unchanged year on year

Kuupäev 06.01.2025
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  3. In November, the volume of industrial production was unchanged year on year
Helle Bunder, leading analyst at Statistics Estonia, said that, in November, the volume of industrial production increased in more than half of the manufacturing activities. “Looking at the larger industries, output increased in the manufacture of food products (7.8%), fabricated metal products (5.8%) and electrical equipment (20%) and, to a smaller degree, also in the manufacture of computers and electronic products (0.9%),” noted Bunder. She added that, among the major industries, there was a decrease in output in the manufacture of wood (3.4%) and motor vehicles, trailers and semi-trailers

Volume of industrial production decreased by 4% in 2024

Kuupäev 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

Construction volume down by 5% in the third quarter

Kuupäev 27.11.2024
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  3. Construction volume down by 5% in the third quarter
In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

Producer price index of industrial output down by 1.5% from last year

Kuupäev 29.02.2024
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  3. Producer price index of industrial output down by 1.5% from last year
According to Statistics Estonia, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 2.0% in January 2024 compared with December 2023 and fell by 1.5% compared with January last year.

Producer price index of industrial output down by 3.3% from last year

Kuupäev 20.12.2023
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  3. Producer price index of industrial output down by 3.3% from last year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 0.1% in November 2023 compared with October and by 3.3% compared with November last year, according to Statistics Estonia.

Producer price index of industrial output continued to fall

Kuupäev 22.01.2024
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  3. Producer price index of industrial output continued to fall
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 0.8% in December 2023 compared with November and by 4.4% compared with December 2022.

Production volumes in manufacturing showed modest growth for the third month in a row

Kuupäev 06.05.2025
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  3. Production volumes in manufacturing showed modest growth for the third month in a row
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of manufacturing production showed a modest increase in each month of the first quarter. “Manufacturing, which had been in a slump since summer 2022, started to show the first signs of recovery in October and November last year. This year has also started positively,” explained Bunder. In March, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of electrical equipment (15.5%), fabricated metal

Manufacturing output up by 0.8% in October

Kuupäev 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

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