Higher prices of wood products had the biggest impact on the producer price index in December
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 0.4% in December 2024 compared with November and by 1.1% compared with December 2023.
1,369,285 people: Estonia's population decreased according to preliminary data
The preliminary data of Statistics Estonia show that on 1 January 2025, the population of Estonia was 1,369,285, which is 5,402 persons less than at the same time a year ago. In 2024, there were 9,646 births and 15,596 deaths. Based on the data on registered migration, 13,826 persons arrived in the country and 13,278 persons left. As in 2023, the number of births and the number of immigrants both decreased.
Number of foreign tourists up by 15% in November
According to Statistics Estonia, accommodation establishments served 247,000 tourists in November 2024, which is 11% more than in the same month a year earlier. There were 15% more foreign and 8% more domestic tourists.
Exports of goods boosted by domestic products in November
According to Statistics Estonia, in November 2024, Estonia’s exports of goods grew by 3% from a year earlier, whereas imports remained at the same level. Exports of goods amounted to nearly €1.6 billion and imports to €1.7 billion at current prices. The trade deficit was €166 million, which is €53 million less than in November of the previous year.
The consumer price index rose by 3.5% in 2024
According to Statistics Estonia, in 2024, the consumer price index increased by 3.5% compared with the average of 2023. Price changes related to food and non-alcoholic beverages had the biggest impact on the consumer price index in 2024.
In November, the volume of industrial production was unchanged year on year
According to Statistics Estonia, in November 2024, the total production of industrial enterprises at constant prices was almost the same as in November 2023, falling by 0.1%. Among the three industrial sectors, output increased by 1.5% in manufacturing but decreased by 2.3% in mining and by 15.3% in electricity production.