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Article

Growth of dwelling price index slowed down in the first quarter

Date 22.06.2023
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  3. Growth of dwelling price index slowed down in the first quarter
According to Statistics Estonia, in the first quarter of 2023, the dwelling price index increased by 9.2% compared with the first quarter of 2022 and remained unchanged compared with the fourth quarter of 2022.

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

In July, the producer price index of industrial output fell by 2.2%

Date 21.08.2025
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  3. In July, the producer price index of industrial output fell by 2.2%
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with July 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index. Producer prices increased by 1.1% in manufacturing as a whole; prices in the manufacture of food products continued to rise and were up by 5.2% year on year,” added Šokman. Compared with June, the producer price index in July

HICP flash estimate: prices up by 0.6% in July

Date 01.08.2025
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  3. HICP flash estimate: prices up by 0.6% in July
The consumer price index uses weights reflecting the average expenditure structure of Estonian residents, while the harmonised index of consumer prices also takes into account the expenditures of tourists and is comparable to the international HICP. “Compared with the previous month, we see price increases in all major sectors except for clothing and footwear and food service and accommodation. The price rises were influenced, among other things, by the increase in VAT in July and the excise duties on tobacco and petrol,” explained Lauri Veski, team lead of consumer price statistics at

The consumer price index continued to rise in August

Date 06.09.2024
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  3. The consumer price index continued to rise in August
According to Statistics Estonia, in August, the consumer price index increased by 0.4% compared with July and by 3.2% compared with August 2023. Goods were 1.4% and services 6.3% more expensive than in August last year.

Construction volume in the third quarter up on the domestic market, down abroad

Date 26.11.2025
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  3. Construction volume in the third quarter up on the domestic market, down abroad
In the third quarter, the total production value of Estonian construction enterprises was €1.1 billion, including €684 million worth of building construction and €455 million worth of civil engineering. Compared with the third quarter of last year, the volume of building construction was down by 1.9%, whereas the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) was up by 1.6%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that after the growth in the first quarter, construction volumes

The consumer price index grew by 4.6% in August

Date 07.09.2023
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  3. The consumer price index grew by 4.6% in August
According to Statistics Estonia, in August, the consumer price index increased by 0.5% compared with July 2023 and by 4.6% compared with August 2022. Goods were 7.6% more expensive and services 0.8% cheaper than in August last year. The last time that the change of the consumer price index compared with the same month of the previous year was smaller than 4.6% was in June 2021, when it was 3.8%.

Industrial production was down by 1.5% in September

Date 05.11.2025
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  3. Industrial production was down by 1.5% in September
Helle Bunder, leading analyst at Statistics Estonia, explained that manufacturing output, which had shown growth for eight months, started to decrease slightly in September. “Although output increased in most larger manufacturing industries, there was a notable fall in production volumes in several medium-sized manufacturing activities. A more significant decrease occurred in the manufacture of shale oil (37.9%), machinery and equipment n.e.c. (22.2%) and beverages (21%),” she added. Bunder mentioned price cuts in September as one of the reasons for the decreased output of shale oil. “In the

Producer price index of industrial output fell by 1,5% in June

Date 21.07.2025
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  3. Producer price index of industrial output fell by 1,5% in June
Germo Valgenberg, leading analyst in the producer price statistics team at Statistics Estonia, said that, compared with June 2024, the producer price index was most affected by price decreases in electricity production and in the manufacture of fuel oils. “Higher prices in the manufacture of wood and wood products and food products had the opposite effect on the index. Producer prices increased by 1.3% in manufacturing as a whole, and the rise in the manufacture of food products continued, increasing by 5.7% year on year,” Valgenberg added. Compared with May, the producer price index in June

Revised data: average wages and salaries were €2126 in the second quarter

Date 01.09.2025
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  3. Revised data: average wages and salaries were €2126 in the second quarter
In the second quarter of 2025, the average monthly gross wages and salaries were the highest in Tallinn (€2,479), in Harju county (€2,365), and in Tartu county (€2,175). “Compared with the second quarter of last year, the biggest increase in wages and salaries was seen in Põlva county (7.7%) and Rapla county (7%). The smallest wage increase was registered in Ida-Viru county (3.8%),” said Sigrid Saagpakk, analyst at Statistics Estonia. In this year's second quarter, the average monthly gross wages and salaries were the highest in information and communication (€3,704), financial and insurance

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