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HICP flash estimate: prices down by 0.3% in March

Date 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

Construction volume down by 6% last year

Date 21.02.2025
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  3. Construction volume down by 6% last year
The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

Retail trade volume down by 4% in May

Date 28.06.2024
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  3. Retail trade volume down by 4% in May
According to Statistics Estonia, in May 2024, the turnover of retail trade enterprises was 898 million euros. Compared with May 2023, the volume of retail trade turnover fell by 4%.

The number of unemployed persons rose in the first quarter

Date 15.05.2024
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  3. The number of unemployed persons rose in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the unemployment rate was 7.8%, the employment rate was 68.4%, and the labour force participation rate was 74.2%.

The happiest people in the Baltics live in Estonia

Date 15.05.2024
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  3. The happiest people in the Baltics live in Estonia
The results of the Estonian Social Survey show that Estonian people are happier than Latvians and Lithuanians but not nearly as happy as the residents of Finland and Sweden. How happy are people in Estonia compared with other European countries? Here is an overview by Anet Müürsoo, Head of Population and Social Statistics Department at Statistics Estonia.

Retail trade volume fell by 4% in March

Date 30.04.2024
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  3. Retail trade volume fell by 4% in March
According to Statistics Estonia, in March 2024, the turnover of retail trade enterprises was 851 million euros. Compared with March 2023, the volume of retail trade turnover* fell by 4%.

In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)

Date 07.03.2025
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  3. In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
Instead of the 2024 weights, the 2023 weights were included in the table. Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that exchange prices of electricity, motor vehicle tax and food products had the biggest impact on the consumer price index in February year on 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 1.3% year on year,” noted Veski. Compared with January 2025, the index for February

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

Date 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

In April, there were fewer tourists accommodated than a year earlier

Date 07.06.2024
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  3. In April, there were fewer tourists accommodated than a year earlier
According to Statistics Estonia, accommodation establishments served nearly 234,000 tourists in April 2024, which is 7% less than in April last year. There were fewer domestic as well as foreign tourists accommodated.

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

Date 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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