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Article

Lower prices of materials led to a fall in the construction price index in the second quarter

Date 21.07.2023
Article
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  3. Lower prices of materials led to a fall in the construction price index in the second quarter
According to Statistics Estonia, in the second quarter of 2023, the construction price index decreased by 0.5% compared with the first quarter and increased by 6.8% compared with the second quarter of 2022.

In February, the consumer price index was again influenced the most by rising food prices

Date 07.03.2023
Article
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  3. In February, the consumer price index was again influenced the most by rising food prices
According to Statistics Estonia, in February, the consumer price index increased by 0.6% compared with January and by 17.6% compared with February 2022. Goods were 17.2% and services 18.5% more expensive than in February last year.

In March, the consumer price index was still influenced the most by increased fuel prices

Date 07.04.2022
Article
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  2. In March, the consumer price index was still influenced the most by increased fuel prices
According to Statistics Estonia, in March 2022, the consumer price index increased by 2.7% compared to February 2022 and by 15.2% compared to March 2021. Goods were 13.7% and services 18.1% more expensive than in March last year.

In June, the consumer price index rose by 0.9% compared with May

Date 07.07.2025
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  3. In June, the consumer price index rose by 0.9% compared with May
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

Partial compensation for energy prices slowed the rise of the consumer price index in October

Date 07.11.2022
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  3. Partial compensation for energy prices slowed the rise of the consumer price index in October
According to Statistics Estonia, in October, the consumer price index fell by 1.1% compared with September and rose by 22.5% compared with October 2021. Goods were 20.5% and services 26.4% more expensive than in October last year.

In February, the producer price index was influenced by falling prices in the manufacture of wood

Date 20.03.2023
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  3. In February, the producer price index was influenced by falling prices in the manufacture of wood
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, decreased by 0.2% in February 2023 compared with January 2023 and increased by 11.6% compared with February 2022.

In May, the consumer price index rose by 0.1% compared with April

Date 06.06.2025
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  3. In May, the consumer price index rose by 0.1% compared with April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

Consumer price index affected the most by food prices

Date 06.03.2020
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  3. Consumer price index affected the most by food prices
According to Statistics Estonia, the change of the consumer price index in February 2020 was 0.5% compared to January 2020 and 2.0% compared to February of the previous year.

Construction price index up by 1.4% compared with the second quarter of last year

Date 22.07.2025
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  3. Construction price index up by 1.4% compared with the second quarter of last year
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

Construction prices grew by 17.8% last year

Date 23.01.2023
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  3. Construction prices grew by 17.8% last year
According to Statistics Estonia, in 2022, the construction price index increased by 17.8% compared with the average of 2021. In the fourth quarter of 2022, the construction price index increased by 1.9% compared with the third quarter of 2022. The rise in the index compared with the fourth quarter of 2021 was again record high at 16.1%.

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