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Higher cost of materials had the biggest impact on the rise in construction prices last year

Kuupäev 23.01.2024
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  3. Higher cost of materials had the biggest impact on the rise in construction prices last year
According to Statistics Estonia, in 2023, the construction price index increased by 6.1% compared with the average of 2022. In the fourth quarter of last year, the construction price index increased by 0.9% compared with the third quarter. The index increased by 2.2% compared with the fourth quarter of 2022.

All expenditure groups behind the rise in construction prices

Kuupäev 21.04.2023
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  3. All expenditure groups behind the rise in construction prices
According to Statistics Estonia, in the first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

Construction volume down by 12% in the second quarter (corrected on 28.08.2023)

Kuupäev 28.08.2023
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  3. Construction volume down by 12% in the second quarter (corrected on 28.08.2023)
According to Statistics Estonia, in the second quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 12% at constant prices compared with the second quarter of 2022. Considering only the domestic market, the fall in construction volume was 14%.

Construction volume took a downturn in the second quarter

Kuupäev 26.08.2022
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  2. Construction volume took a downturn in the second quarter
According to Statistics Estonia, in the second quarter of 2022, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 1.4% year on year at constant prices. Considering only the Estonian construction market, the construction volume fell by 1.8%.

Construction volume surpassed the pre-pandemic level

Kuupäev 25.11.2021
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  2. Construction volume surpassed the pre-pandemic level
According to Statistics Estonia, in the third quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 15% year on year. Considering only the Estonian construction market, the growth in construction volume was 16%.

Construction volume grew by 9% last year

Kuupäev 25.02.2022
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  2. Construction volume grew by 9% last year
According to the preliminary data of Statistics Estonia, in 2021, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 9% year on year. Considering only the Estonian construction market, the rise in construction volume was 10%.

Wage pressure led the construction price index to rise again in the third quarter

Kuupäev 23.10.2023
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  3. Wage pressure led the construction price index to rise again in the third quarter
According to Statistics Estonia, in the third quarter of 2023, the construction price index increased by 0.3% compared with the second quarter and by 3.2% compared with the same time last year.

The higher cost of materials raises construction prices

Kuupäev 21.04.2022
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  2. The higher cost of materials raises construction prices
According to Statistics Estonia, in the first quarter of 2022, the construction price index increased by 4.6% compared to the fourth quarter of 2021 and by 19.3% compared to the first quarter of 2021.

Construction in foreign countries continued to boost construction volume

Kuupäev 27.08.2019
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  3. Construction in foreign countries continued to boost construction volume
According to Statistics Estonia, in the 2nd quarter of 2019, the total production of Estonian construction enterprises in Estonia and foreign countries increased by 3% compared to the 2nd quarter of 2018. Similarly to the 1st quarter, construction volume increased due to work done in foreign countries, whereas construction volume on the domestic market decreased.

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