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Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the third quarter of this year, compared with the same period in 2023, the construction price index was primarily influenced by a 6.4% increase in wages of workers. “On the other hand, the index was also affected by a 1% decrease in the price of building materials. Therefore, it can be said that the falling material prices curbed the rise in the construction price index for the moment,” Paulus explained. “The increase in the cost of using machinery was mainly driven by the rise in the rental costs of small machines, whereas

According to Statistics Estonia, in the second quarter of 2024, the construction price index increased by 0.7% compared with the first quarter and by 2.2% compared with the second quarter of 2023.

According to Statistics Estonia, in the first quarter of 2024, the construction price index increased by 0.2% compared with the fourth quarter of 2023 and by 0.9% compared with the first quarter of 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.

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.

According to Statistics Estonia, in the second quarter of 2023, the construction price index decreased by 0.5% compared with the first quarter and increased by 6.8% compared with the second quarter of 2022.