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Construction price index up by 1.7% compared with the third quarter of last year

Date 21.10.2025
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  3. Construction price index up by 1.7% compared with the third quarter of last year
“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

The consumer price index down by 1.1% in September compared with August

Date 07.10.2025
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  3. The consumer price index down by 1.1% in September compared with August
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the last time the consumer price index fell compared with the previous month was in March this year, when it was down by 0.5%. However, the last time we saw such a big drop as we are seeing now was nearly three years ago, in October 2022. “Compared with September last year, the rise in the consumer price index was primarily driven by food prices, which were up by 7.7%,” Veski noted, commenting on the year-on-year increase in the index. Among food products, the most significant year-on-year price increases were

Foreign trade grew by 14% in Q1, growth slowed down in Q2

Date 11.08.2025
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  3. Foreign trade grew by 14% in Q1, growth slowed down in Q2
“In the first half of 2025, foreign trade in goods increased by 9%. Exports of goods amounted to nearly €9.3 billion and imports to almost €11.1 billion at current prices,” said Jane Leppmets, foreign trade analyst at Statistics Estonia. “The main commodities exported in the first half of the year were electrical equipment, agricultural products and food preparations, and wood and articles of wood. The main commodities imported were transport equipment, agricultural products and food preparations, and electrical equipment,” Leppmets noted, adding that the top export and import partners in the

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

Industrial production up by 2.3% in February

Date 04.04.2025
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  3. Industrial production up by 2.3% in February
Helle Bunder, leading analyst at Statistics Estonia, said that, in February, there was an increase in total industrial production as well as in the volume of manufacturing production. “The rise in manufacturing production was mainly due to the 7.3% increase in the manufacture of food products, where output was boosted significantly by the manufacture of milk and manufacture of other food products, including sugar, sugar confectionery, prepared meals, tea and coffee, and spices,” explained Bunder. In February, the volume of industrial production increased in nearly half of manufacturing

205,000 tourists: number of accommodated tourists up by 6% in January

Date 11.03.2025
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  3. 205,000 tourists: number of accommodated tourists up by 6% in January
Helga Laurmaa, leading analyst at Statistics Estonia, said that 95,000 foreign and 110,000 domestic tourists were accommodated in Estonia in January 2025. Year on year, the number of domestic tourists fell, as it did in several months in 2024. The number of tourists in January 2025 was 8% smaller than in January of 2020, the last pre-pandemic peak month. “Compared with the January before the crisis, there were 15,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 33,000,” added Laurmaa. 30,000 tourists arrived from Finland, representing 32% of all

Average wages and salaries were €1,959 in Q3

Date 25.11.2024
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  3. Average wages and salaries were €1,959 in Q3
“Looking at the wage change trend, wage growth is still slower now than in 2023,” said Sigrid Saagpakk, analyst at Statistics Estonia. Average wages in seven groups of economic activities are higher than the national average Saagpakk stated that the average monthly gross wages and salaries in the third quarter of 2024 were the highest in information and communication (€3,506), financial and insurance activities (€3,068), and electricity, gas, steam and air conditioning supply (€2,540). The lowest average monthly gross wages and salaries were seen in accommodation and food service (€1,285)

HICP flash estimate: prices down by 1.2% in September

Date 01.10.2025
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  3. HICP flash estimate: prices down by 1.2% in September
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. ”The price fall in September compared with August is mainly due to lower prices for food, non-alcoholic beverages and fuel,” stated Lauri Veski, team lead of consumer price statistics at Statistics Estonia. The consumer price index data for September will be published by Statistics Estonia on 7 October , together with an explanatory briefing . The

Volume of industrial production decreased by 4% in 2024

Date 06.02.2025
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  3. Volume of industrial production decreased by 4% in 2024
Helle Bunder, leading analyst at Statistics Estonia, said that the volume of production in manufacturing decreased in 2024 as a whole but there were signs of improvement at the end of the year. “Manufacturing output started to grow in October and November but fell a little in December,” explained Bunder. Last year, production volume declined in two thirds of the 23 manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of food products (5.1%), rubber and plastic products (0.7%) and other transport equipment (11.3%), and also in the repair

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