HICP flash estimate: prices down by 0.3% in March
According to the preliminary estimate of Statistics Estonia, in March 2025, the harmonised index of consumer prices (HICP) decreased by 0.3% compared with February and increased by 4.3% compared with March last year.
HICP flash estimate: prices up by 1.3% in February
According to the preliminary estimate of Statistics Estonia, in February 2025, the harmonised index of consumer prices (HICP) increased by 1.3% compared with January and by 5% compared with February last year.
GDP flash estimate: economy contracted by 0.1% in Q4
According to Statistics Estonia's preliminary estimate, the economy remained almost at the same level in the fourth quarter of 2024. Gross domestic product (GDP) fell by 0.1% compared with the fourth quarter of 2023.
Study: Estonian Adults Among the Best in the World in Skills, Especially in Younger Generations
The latest results from The Survey of Adult Skills PIAAC highlight that Estonian adults perform exceptionally well in key skills, with the share of highly skilled individuals increasing since the last survey. At the same time, socioeconomic gaps have widened, and the proportion of low-skilled adults has grown. Estonia ranks 6th globally in overall skills, following Finland, Japan, Sweden, Norway, and the Netherlands.
The rise in construction prices in the first quarter was curbed by the lower cost of materials
According to Statistics Estonia, in the first quarter of 2025, the construction price index increased by 0.1% compared with the fourth quarter of 2024 and by 1.2% compared with the first quarter of 2024.
Construction volume down by 6% last year
According to the preliminary data of Statistics Estonia, in 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% compared with 2023. Considering only the domestic market, the fall in construction volume last year was 7%.
Construction prices rose by 1.6% in 2024
According to Statistics Estonia, in 2024, the construction price index increased by 1.6% compared with the average of 2023. In the fourth quarter of 2024, the construction price index increased by 0.4% compared with the third quarter of last year and by 1.3% compared with the fourth quarter of 2023.
Construction volume down by 5% in the third quarter
According to Statistics Estonia, in the third quarter of 2024, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% compared with the third quarter of 2023. Considering only the domestic market, the fall in construction volume was 6%.