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 0.4% in July 2024 compared with June and by 0.8% compared with July last year.

Statistics Estonia has revised the entire time series of gross domestic product (GDP) starting from 1995. During the revision, updated basic data sources were incorporated and methodological improvements were made.

According to Statistics Estonia, in the second quarter of 2024, the unemployment rate was 7.6%, the employment rate was 69.7%, and the labour force participation rate was 75.4%.

According to Statistics Estonia, in June 2024, Estonia’s exports of goods decreased by 14% and imports by 11% compared with June 2023. Exports of goods amounted to nearly 1.4 billion and imports to more than 1.6 billion euros at current prices. The trade deficit was 268 million euros, which is 20 million more than in June last year.

According to Statistics Estonia, accommodation establishments served over 384,000 tourists in June 2024, which is 14% more than in June last year. There were more domestic as well as foreign tourists accommodated.

According to Statistics Estonia, in July, the consumer price index increased by 0.3% compared with June and by 3.4% compared with July 2023. Goods were 1.7% and services 6.3% more expensive than in July last year.