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Ülo Paulus, leading analyst at Statistics Estonia, said that in the first quarter of this year, compared with the same period in 2024, the construction price index was primarily influenced by the 2.9% increase in employees’ wages, which accounted for 54% of the index change. “Compared with the fourth quarter of last year, labour force was 0.6% more expensive and the cost of using building machines rose by 0.3%, while the prices of building materials were down by 0.2%,” explained Paulus. The repair and reconstruction work price index decreased by 0.5% compared with the fourth quarter of 2024

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.

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.