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Construction prices rose by 1.6% in 2024

Kuupäev 21.01.2025
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  3. Construction prices rose by 1.6% in 2024
Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2024, compared with the average of 2023, was primarily due to wage growth, which accounted for 65% of the total index rise. “In 2024, the construction price index rose by 1.6%. Labour force was 6.3% more expensive and the cost of using building machines went up by 1.7%, while the cost of building materials decreased by 1.1%,” noted Paulus. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter. The cost of building materials rose by

Pesticide sales were up by 10% last year

Kuupäev 12.06.2025
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  3. Pesticide sales were up by 10% last year
Swen Peterson, leading analyst at Statistics Estonia, said that herbicides are still the most sold type of plant protection products. “In 2024, sales of herbicides totalled 597 tonnes, which is over 80 tonnes more than in 2023. Sales of insecticides increased by a fourth, while sales of fungicides decreased by a tenth compared with 2023,” explained Peterson. Herbicides accounted for 76%, fungicides for 13%, growth regulators for 9% and insecticides for 1.6% of the total amount of pesticides sold. In recent years, there has been a rise in the sold quantities of herbicides and insecticides, but

The consumer price index rose by 2.9% in May

Kuupäev 07.06.2024
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  3. The consumer price index rose by 2.9% in May
According to Statistics Estonia, in May, the consumer price index increased by 0.1% compared with April and by 2.9% compared with May 2023. Goods were 2.6% and services 3.3% more expensive than in May last year.

In March, the consumer price index rose by 3.9% compared with March last year

Kuupäev 05.04.2024
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  3. In March, the consumer price index rose by 3.9% compared with March last year
According to Statistics Estonia, in March, the consumer price index increased by 0.4% compared with February 2024 and by 3.9% compared with March 2023. Goods were 1.9% and services 7.1% more expensive than in March last year.

The economy contracted by 1% in Q2

Kuupäev 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

Slow growth of the dwelling price index continued in the second quarter

Kuupäev 22.09.2023
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  3. Slow growth of the dwelling price index continued in the second quarter
According to Statistics Estonia, in the second quarter of 2023, the dwelling price index increased by 5% compared with the second quarter of 2022 and by 3.8% compared with the first quarter of 2023.

In April, the rise in the consumer price index was the smallest of the last three years

Kuupäev 08.05.2024
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  3. In April, the rise in the consumer price index was the smallest of the last three years
According to Statistics Estonia, in April, the consumer price index increased by 0.9% compared with March and by 2.8% compared with April 2023. Goods were 2.4% and services 3.3% more expensive than in April last year.

In February, the consumer price index remained at the same level as in January

Kuupäev 07.03.2024
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  3. In February, the consumer price index remained at the same level as in January
According to Statistics Estonia, in February, the consumer price index remained at the same level as in January 2024 and increased by 4.2% compared with February 2023. Goods were 2.7% and services 6.6% more expensive than in February last year.

Producer price index of industrial output down by 1.5% from last year

Kuupäev 29.02.2024
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  3. Producer price index of industrial output down by 1.5% from last year
According to Statistics Estonia, 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, rose by 2.0% in January 2024 compared with December 2023 and fell by 1.5% compared with January last year.

The decline in the producer price index of industrial output continued

Kuupäev 20.03.2024
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  3. The decline in the producer price index of industrial output continued
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, fell by 2.6% in February 2024 compared with January and by 3.9% compared with February last year.

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