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In August, the trade deficit was at the lowest level of this year

Article
According to Statistics Estonia, in August 2016, the exports of goods increased by 12% and imports by 8% compared to August of the previous year. Export growth was faster than import growth and reduced the trade deficit, which was at the lowest level of this year.

Service activities

Area
The service sector is an important part of the economy in Estonia. The share of value added and turnover of service enterprises continues to increase every year. More and more new enterprises and jobs are created in the sector. The activities of the service sector are, for example, healthcare services, regulation of education, accommodation and food service, entertainment and cultural activities, logistics, advertising, communications and beauty services. Statistics Estonia publishes statistics on the turnover and costs of service enterprises operating in Estonia. The statistics allow

Wage growth continued in the first quarter

Article
According to Statistics Estonia, in the first quarter of 2022, the average monthly gross wages and salaries were 1,593 euros, which is 8.1% more than at the same time last year.

Producer price index increased in November

Article
According to Statistics Estonia, in November 2012, the producer price index of industrial output changed by 0.3 % compared to October and by 2.2% compared to November of the previous year.

In June, electricity had the biggest impact on the producer price index

Article
In June 2021, 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 2.6% compared to May 2021 and by 9.4% compared to June 2020.

In August, the producer price index rose by 15.5%

Article
In August 2021, 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 1.7% compared to July 2021 and by 15.5% compared to August 2020.