In June, the confidence of industrial enterprises declined, while assessments in other sectors and among consumers improved slightly
Today, on 25 June, Statistics Estonia published the June results of the surveys that measure the economic confidence of enterprises and consumers.
The number of international students decreased last year but their tax contribution increased
According to Statistics Estonia, in the academic year 2024/25, international students studying and working in Estonia contributed 16.6 million euros in taxes. In the same period, international graduates of the academic year 2023/24 contributed 7.5 million euros as labour taxes in Estonia. Throughout the analysed period (2017–2025), international students and graduates have contributed over 317 million euros in taxes in Estonia.
The share of innovative enterprises in Estonia is growing
According to Statistics Estonia, 65% of Estonian enterprises have introduced product or process innovations. The share of innovative enterprises is the highest in financial and insurance activities and in information and communication.
Latest business and consumer survey results published by Statistics Estonia
On 26 May, Statistics Estonia published for the first time the results of the surveys that measure consumers’ and enterprises’ economic confidence. The data are published in the statistical database.
The producer price index rose by 0.2% in October year on 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, increased by 0.3% in October 2024 compared with September and by 0.2% compared with October last year.
In October, the consumer price index rose by 4.1% year on year
According to Statistics Estonia, in October 2024, the consumer price index increased by 0.6% compared with September and by 4.1% compared with October 2023. Goods were 2.3% and services 7.1% more expensive than in October last year.
Construction price index unchanged in the third quarter compared with the previous quarter
According to Statistics Estonia, in the third quarter of 2024, the construction price index remained on the same level compared with the second quarter and rose by 1.8% compared with the third quarter of 2023.
Producer price index of industrial output, export and import price index, September 2024
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, decreased by 1.6% in September 2024 compared with August and by 0.5% compared with September last year.