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The rise in construction prices in the first quarter was curbed by the lower cost of materials
According to Statistics Estonia, in the first quarter of 2025, the construction price index increased by 0.1% compared with the fourth quarter of 2024 and by 1.2% compared with the first quarter of 2024.
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Higher prices of wood products had the biggest impact on the producer price index in March
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, fell by 3.5% in March 2025 compared with February and rose by 2.8% compared with March last year.
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Consumer price index down by 0.5% in March
According to Statistics Estonia, in March 2025, the consumer price index decreased by 0.5% compared with February and increased by 4.4% compared with March 2024. Goods were 2.1% and services 8.1% more expensive than in March last year.
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