The coalition government agreed on its nationwide real estate investment strategy for the coming year at a meeting on August 12 night, and is set to finalize its plans on August 15. Minister of Public Administration Jaak Aab (Centre) is to review the agreement and outline a more precise plan at the next cabinet meeting…
According to information released by Statistics Estonia, the exports and imports of goods in June decreased by 8% YoY. In the first half of 2019 exports increased by 5% and imports by 2%. In June exports from Estonia amounted to EUR 1.2 billion and imports to Estonia to EUR 1.3 billion at current prices. The…
A total of EUR 707.5 million in tax revenues was paid to the Tax and Customs Board (MTA) in June, up by 7.5% YoY. Tax receipts in the first half of 2019 increased by 4.9% YoY, the Ministry of Finance said. VAT revenues increased by 7.2% in June. Retail trade contributed the most to this…
According to the information released by Statistics Estonia on August 7, the consumer price index (CPI) in July fell by 0.1% MoM, but increased by 2.1% YoY. Goods were 2% and services 2.2% more expensive in July. Regulated prices of goods and services fell by 1.1%, while non-regulated prices increased by 3%. Compared to July…
Beer sales on Estonia’s northern border increased 2.2-fold YoY in July, according to the Estonian Breweries Association. Last month beer sales across Estonia increased approximately by 45%, while the sale of cider and other low-alcohol by volume (ABV) beverages rose by 37%, the association said. Beer producers’ July sales figures indicate that the Estonian market…
According to information released by Statistics Estonia, the turnover of retail trade enterprises in June increased by 3% YoY at constant prices, to EUR 635 million. The turnover of stores selling manufactured goods increased by 4%. Turnover increased in five and decreased in two economic activities. Turnover increased the most in stores selling textiles, clothing…
Estonian carrier Regional Jet, which is owned by Estonian state-owned airline Nordica and LOT Polish Airlines, achieved a better than expected zero result for 2018, with turnover increasing by 80% YoY, to EUR 68 million. “I am really impressed with how our organization has developed all these new businesses in such a short period of…