Two-euro coins dedicated to Ukraine enter circulation from today
Eesti Pank is today issuing two million of the two-euro coins with a special design dedicated to Ukraine and Freedom into circulation through banks and retail outlets. The coin can…
Russia’s invasion of Ukraine will affect the Estonian economy through supply difficulties and higher inflation
How the Estonian and global economies perform will for the time being be steered by Russia’s invasion of Ukraine and how the war progresses. There is a lot of uncertainty…
Foreign trade increased faster in Estonia in 2016 than in the euro area as a whole
The surplus on the current account of the Estonian balance of payments in 2016 was the largest since independence was regained Foreign trade picked up last year as both exports…
Price rises in February were primarily due to higher prices for oil and food – Bank of Estonia
Data from Statistics Estonia show that consumer price inflation was 3.4% in February, with prices up 1.3% on the previous month.Preliminary estimates put inflation in the euro area at 2%…
Eesti Pank made a payment of 188 million euros to the International Monetary Fund
Eesti Pank made an additional payment to the International Monetary Fund today of 188 million euros, which will increase Estonia’s participation in the IMF. This is part of the final…
Statistics Estonia: In September foreign trade continued to decrease
According to Statistics Estonia, in September 2015, exports of goods decreased by 10% and imports by 9% compared to September of the previous year. Summing up the first three quarters…
Statistics Estonia: Stable growth in retail sales continued in September
According to Statistics Estonia, in September 2015 compared to September of the previous year, the retail sales of goods of retail trade enterprises increased 9% at constant prices. In the…
Activity in the Estonian external economy continued to decline in August
The flash estimate1 put the Estonian current account at 6 million euros in surplus in July 2015. Exports and imports of goods, services and investment income were all down in…