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The construction price index expresses the change in construction expenditures at the level of direct costs on the construction site, which are divided into three basic groups: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, pointed out that, both year on year and compared with the previous quarter, the rise

In the second quarter, the total production value of Estonian construction enterprises was 995 million euros, including 617 million euros’ worth of building construction and 378 million euros’ worth of civil engineering. Compared with the second quarter of last year, the volume of building construction fell by 1.2% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 5%. Merike Sinisaar, leading analyst at Statistics Estonia, said that construction volumes had briefly grown in the first quarter but

In the first quarter, the total production value of Estonian construction enterprises was 799 million euros, including 603 million euros’ worth of building construction and 196 million euros’ worth of civil engineering. Compared with the first quarter of last year, the volume of building construction grew by 8% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) fell by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, said that the 5% increase in construction volume on the domestic market in

The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

In July, the enterprises’ confidence indicator remained the highest in trade (+10.5), although compared with June, trade enterprises have become more cautious in forecasting sales for the next three months. The indicator was +6.5 in the services sector and +0.3 in the industry sector. The confidence indicator remained the lowest in the construction sector (-14.6). As in the previous month, construction enterprises consider insufficient demand to be the main factor limiting construction activity. In addition, compared with June, there has been an increase in the share of enterprises which

In the third quarter, the total production value of Estonian construction enterprises was 1,127 million euros, including 686 million euros’ worth of building construction and 441 million euros’ worth of civil engineering. Compared with the third quarter of last year, the volume of building construction fell by 4%, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 7%. Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was

“In the third quarter, the 2% higher cost of materials had the biggest impact on the construction price index compared with the third quarter of last year. The costs of labour force and building machines both rose by 1.2%,” said Ülo Paulus, leading analyst at Statistics Estonia. Compared with the second quarter of 2025, labour costs increased by 0.4% and materials were 0.3% more expensive, while the cost of using building machines decreased by 0.6%. “Prices associated with building machines were mainly driven down by savings from adjusted fuel prices. The higher cost of materials was primarily

Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by