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According to Statistics Estonia, in 2021, the construction price index increased by 8.3% compared to the average of 2020. In the fourth quarter of last year, the construction price index rose by 3.0% compared to the third quarter, while the index growth compared to the fourth quarter of 2020 reached a record high – 14.7%.

According to Statistics Estonia, in February, the consumer price index rose by 0.9% compared to January and by 0.6% compared to February 2020. Goods were 0.6% cheaper and services 2.7% more expensive than in February last year.

According to Statistics Estonia, the change of the construction price index in the 3rd quarter of 2017 was 0.9% compared to the previous quarter and 1.7% compared to the 3rd quarter of 2016.

Economic growth in Estonia was broad-based. In the previous years, the growth was largely due to internal consumption, whereas in 2017, the growth became more broad‑based. The role of household consumption decreased. After years of decline, investments began to increase again as a result of improved economic climate, indicating a positive mind-set of entrepreneurs.

According to Statistics Estonia, in the 1st quarter of 2017, the unemployment rate was 5.6%, the employment rate 66.3% and the labour force participation rate 70.2%. The labour force participation rate reached a record level in comparison with the 1st quarters of previous years.