Estonia: retail trade turnover up in October 2020

According to Statistics Estonia, in October, the turnover of retail trade enterprises was EUR 665 million. Compared to October 2019, turnover increased by 6% at constant prices. Jaanika Tiigiste, leading analyst at Statistics Estonia, said turnover increased in enterprises engaged in the retail sale of automotive fuel as well as in grocery stores and in…



Estonia: economy vulnerable in COVID-19 second wave

The information technology and communications sector was the least hit by the first wave of the coronavirus in spring, while accommodation providers, caterers and travel agents found themselves in the most difficult situation. This means Estonia is entering the second wave in a vulnerable position, a report by the Riigikogu Foresight Center concludes. The center’s…

Estonia: unemployment up in Q3 2020

In the third quarter, there were 54,300 unemployed persons in Estonia, up by 4,900 QoQ, data from Statistics Estonia showed. The labor force participation rate was 71.8%, the employment rate was 66.3% and the unemployment rate was 7.7%. Leading analyst at Statistics Estonia Eveli Voolens said the unemployment rate was 3.8% higher than in the…