Real estate and rental prices in Estonia have increased the most in the entire EU since 2010, according to Eurostat data, ERR reports. Real estate prices in Estonia have tripled and rental prices have increased by 212% between 2010 and the first quarter of 2023. Average real estate prices in the EU rose by almost…
Estonia’s exports of goods totalled EUR 1.6bn at current prices in May 2023, which was down 15% from the same period of 2022, according to data from Statistics Estonia, ERR reports. Exports of goods of Estonian origin fell by 21% and accounted for 65% (69%) of total exports. Overall imports totalled EUR 1.9bn, which was…
May and June 2023 were exceptionally dry in Latvia, LETA reports. Average daily rainfall in May 2023 amounted to 12.2 mm, which was just 24% of the monthly norm, according to data from the Latvian Environment, Geology and Meteorology Centre (LVGMC). May 2023 was thus the driest May ever since data began to be recorded…
The number of new passenger cars and commercial vehicles sold in Estonia totalled 14,076 in the first half of 2023, which was 6.5% more than in the same period of 2022, according to data from the Estonian Transport Administration (Transpordiamet), Postimees reports. The number of passenger cars sold amounted to 12,236 (up 10%) and commercial…
Accommodation establishments in Estonia received a total of 265,000 guests in May 2023, which was 7% more than in the same month of 2022, according to data from Statistics Estonia, ERR reports. The number of foreign guests totalled 141,000, which was 21% more than a year earlier. The number of tourists from Finland amounted to…
Estonia’s consumer price index (CPI) rose by 9.2% on year in June 2023, according to data from Statistics Estonia, ERR reports. The rise was mostly due to an increase in the price of food and non-alcoholic beverages, which accounted for almost 50% of the total increase of the CPI. The average price of goods was…
Latvia had the largest share of people outside the labour force in the three Baltic states in the first quarter of 2023, according to Eurostat data, LSM reports. Just over 16% of Latvia’s potential labour force is not currently part of the working population. The figure stands at 15.4% in Lithuania and 12.3% in Estonia….
Registered unemployment in Estonia increased for the third week in a row, ERR reports. The number of people registered as unemployed totalled 50,131 as of 2 July 2023, which was 650 more than a week earlier. The registered unemployment rate rose from 7.4% to 7.5%. The highest unemployment rate was in Ida-Virumaa county at 12.3%,…
Housing prices in the Baltic States rose the fastest in Lithuania in the first quarter of 2023, according to Eurostat data, BNS reports. Compared to a year earlier, housing prices rose by 13.1% in Lithuania, which was the second-highest increase in the EU. Housing prices in Estonia rose by 9.2% and in Latvia by 6%…