Most major grocery retail chains in Estonia managed to increase their revenue only very slightly in 2025, ERR reported. The country’s largest grocery retailer, cooperative network Coop Eesti, reported consolidated revenue of EUR 855.3mn in 2025, which was up 0.2% from 2024. Coop’s market share stood at nearly 23%. Supermarket chain Selver’s annual revenue totalled…
Every major party in Estonia has added to the state’s debt burden, according to Kaspar Oja, senior economist at the Bank of Estonia, ERR reported. While the biggest budget deficits emerged during the coronavirus pandemic, Estonia has had structural deficits every year since 2017, Oja noted. His analysis found that when in government, the Conservative…
Average consumer prices in Latvia rose by 3.5% on year in May 2026, according to data from the Central Statistical Bureau (CSP), LSM reported. The rise in annual inflation was mainly influenced by the increase in transport fuel prices (up 28.2%) and housing-related energy costs (up 5.8%). At the same time, prices for food and…
Estonia’s industrial production output declined by 3.8% on year in April 2026, according to data from Statistics Estonia, ERR reported. Output increased by 14.3% in mining, but decreased by 14.9% in energy production and by 3.2% in manufacturing. Compared to March 2026, industrial production grew by 1.2%. Riin Kadarik, leading analyst at Statistics Estonia, noted…
Estonia’s consumer price index rose by 3.7% on year in May 2026, according to Statistics Estonia, ERR reported. Consumer prices of goods rose by 3.1% and services by 4.6%. The increase in prices was influenced the most by a 10.4% rise in transport costs and 5.4% rise in housing-related costs, both driven up by higher…
Estonia’s consumer price index (CPI) rose by 3.4% in April 2026 from a year earlier, according to Statistics Estonia, ERR reports. The price of goods went up by 3.8% and of services by 2.8% on year. The rise in consumer prices was driven mostly by higher fuel, housing, and food costs. Transport costs increased by…
Latvia’s industrial production output increased by 9.2% in the first quarter of 2026, compared to the same period of 2025, according to the Central Statistical Bureau’s (CSP) calendar-adjusted data at constant prices, LSM reported. Output rose by 1.0% in manufacturing and by 40.6% in electricity and gas supply, but fell by 30.7% in mining and…
Estonia’s industrial production declined by 3.1% at constant prices in March 2026 compared to the same period of 2025, according to Statistics Estonia, ERR reports. Output increased by 5.9% in mining, but decreased by 19.5% in energy production and by 1.2% in manufacturing. In the manufacturing sector, output in wood processing rose by 5%, fabricated…
Estonia’s exports of goods totalled nearly EUR 1.5bn in February 2026, which was down 1% from the same period of 2025, according to data from Statistics Estonia, ERR reports. Imports of goods totalled nearly EUR 1.9bn, which was up 6% over a year. Estonia’s monthly trade deficit thus amounted to EUR 426mn, which was EUR…