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Article

Dwelling price indices fell in the third quarter compared with the previous quarter

Date 22.12.2023
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  3. Dwelling price indices fell in the third quarter compared with the previous quarter
According to Statistics Estonia, in the third quarter of 2023, the dwelling price index decreased by 0.3% compared with the second quarter and increased by 3.8% compared with the third quarter of 2022.

The economy grew by 1.8% in the second quarter

Date 31.08.2026
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  3. The economy grew by 1.8% in the second quarter
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that the Estonian economy grew for the fifth quarter in a row. “In the second quarter, two thirds of the economic activities made a positive contribution to the GDP. Similarly to the first quarter, manufacturing was the biggest driver of economic growth as its value added grew by 6.5%. It was followed by agriculture, forestry and fishing where the increase in value added was 168% due to the exceptionally low reference base of last year. In construction, value added was up by 7.5%,” said Müürsepp. A considerable

Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)

Date 07.02.2025
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  3. Food prices increased in January, clothing prices decreased (corrected on 5.03.2025)
The corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the rise in the consumer price index in January, both compared to December and the same month last year, was mainly due to food products, beverages, and motor vehicle tax. “On the other hand, the index was driven down by the sales on clothing in January and by international flights and holiday trips,” added Veski. Among food products, the biggest increases compared with December 2024 were registered in the prices of fish (31%), whole milk (12%) and fresh vegetables (7%)

The annual growth of the dwelling price index was the smallest of the last few years

Date 22.03.2024
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  3. The annual growth of the dwelling price index was the smallest of the last few years
According to Statistics Estonia, in 2023, the dwelling price index increased by 5.9% compared with the average of 2022. The last time that the annual growth of the dwelling price index, which is calculated as the average of four quarters, was this low was in 2018.

The dwelling price index grew by 2% in the first quarter

Date 21.06.2024
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  3. The dwelling price index grew by 2% in the first quarter
According to Statistics Estonia, in the first quarter of 2024, the dwelling price index increased by 2% compared with the fourth quarter of 2023 and by 7.8% compared with the first quarter of 2023.

In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)

Date 07.03.2025
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  3. In February, the consumer price index rose by 1.4% (corrected on 7.03.2025)
Instead of the 2024 weights, the 2023 weights were included in the table. Corrections are marked in red. Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that exchange prices of electricity, motor vehicle tax and food products had the biggest impact on the consumer price index in February year on year. “Compared with February 2024, prices have increased across almost all categories of goods and services. Clothing and footwear are the only exception, as their prices were down by 1.3% year on year,” noted Veski. Compared with January 2025, the index for February

In October, the consumer price index rose by 4.1% year on year

Date 07.11.2024
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  3. In October, the consumer price index rose by 4.1% year on year
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with October 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, recreation, and phone services. “Among food products, the higher prices of non-alcoholic beverages (+20.4%), fruits (+12.4%) and vegetables (+5.5%) drove up the index the most compared with October last year. Sugar was 23.3% and fish and fish preparations 4.6% cheaper,” added Veski. In October, petrol was 11.3% and diesel fuel 12.9% cheaper than in October 2023. Electricity

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

Construction prices rose by 1.5% last year

Date 21.01.2026
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  3. Construction prices rose by 1.5% last year
The construction price index expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2025, compared with the average of 2024, was primarily

The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1

Date 29.05.2026
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  3. The economy grew for the fourth quarter in a row: GDP up by 2.4% in Q1
Robert Müürsepp, the National Accounts Service Manager at Statistics Estonia, said that GDP growth was last over 2% in the first quarter of 2022. “GDP increased for the fourth quarter in a row,” he said. “In the case of most economic activities, their contribution to GDP in the first quarter was positive, although mostly modest,” added Müürsepp. He said that, for the third consecutive quarter, manufacturing was the biggest driver of economic growth as its value added was up by 7%. Administrative and support service activities also had a significant impact with a 11.6% increase in value added

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