The number of foreign tourists visiting Estonia totalled 1,110,431 in the second quarter of 2023, which was up 19% from the same period of 2022, according to data from the Bank of Estonia, ERR reports. Foreign tourists spent a total of EUR 375mn in Estonia, which was EUR 62mn more than a year earlier. Meanwhile,…
Estonian consumers made purchases using payment cards, both home and abroad, for a total sum of around EUR 2.5bn in the second quarter of 2023, which was up 5.3% from a year earlier, according to data from the Bank of Estonia, ERR reports. Compared to the first quarter of 2023, card payments rose by 15.2%….
Inflation continues to fall in Estonia, Rasmus Kattai, economist at the Bank of Estonia, said, BNS reports. Kattai said that the drop was mostly due to the fact that prices for energy and most agricultural commodities were coming down. However, he noted that it took time for the effect of the lower prices to pass…