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Decrease in producer price index affected the most by fall in electricity prices
According to Statistics Estonia, in July, the producer price index of industrial output decreased by 1.0% compared to June 2020 and by 3.4% compared to July 2019.
Unemployment rate reached 7.1 percent
According to Statistics Estonia, in the second quarter of 2020, the labour force participation rate was 70.4%, the employment rate was 65.4%, and the unemployment rate was 7.1%. There were 49,400 unemployed persons, which is 14,400 more than in the first quarter.
Exports of goods reached last year’s level
According to Statistics Estonia, in June 2020, compared to June 2019, the exports of goods remained at the same level and imports decreased by 8%. In the second quarter of 2020, exports decreased by 15% and imports by 18% year on year.
Reliable data will find a new home
The website www.stat.ee is being upgraded. Soon it will have a much more user-friendly and fresher look and functionality. The new website will go live at the end of August. We’ll inform you a few days in advance about when to come back to visit our completely upgraded website.
In July, electricity was cheaper but food more expensive
According to Statistics Estonia, the change of the consumer price index in July 2020 was 0.0% compared to June 2020 and -0.9% compared to July 2019. Goods were 0.2% and services 2.0% cheaper.
Domestic tourism helped Estonian accommodation establishments
According to Statistics Estonia, in June, 121,000 domestic tourists and 42,000 foreign tourists stayed in Estonian accommodation establishments. Their total number of nights spent was 301,000. Compared to June 2019, the number of tourists dropped by 60%, but their number was higher than in the last few months.
Industrial production increased in a third of manufacturing activities
According to Statistics Estonia, in June 2020, the production of industrial enterprises decreased by 6% compared to June 2019. Production decreased in manufacturing and mining, while energy production increased owing to last year’s low comparison basis.
In June, the turnover of retail trade enterprises resumed growth
According to Statistics Estonia, in June 2020, the turnover of retail trade enterprises was 671 million euros. Compared to June 2019, turnover increased by 7% at constant prices.
Gender pay gap is slowly narrowing
According to Statistics Estonia, in 2019, the gross hourly earnings of female employees were 17.1% lower than the gross hourly earnings of male employees. The gender pay gap decreased by 0.9 percentage points year on year.