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Article

Construction volume fell by 6% last year

Kuupäev 23.02.2024
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  3. Construction volume fell by 6% last year
According to the preliminary data of Statistics Estonia, in 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 6% at constant prices compared with 2022. Considering only the domestic market, the fall in construction volume was 7%.

Higher cost of materials had the biggest impact on the rise in construction prices last year

Kuupäev 23.01.2024
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  3. Higher cost of materials had the biggest impact on the rise in construction prices 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.

Construction volume down by 5% in the third quarter

Kuupäev 27.11.2023
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  3. Construction volume down by 5% in the third quarter
According to Statistics Estonia, in the third quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 5% at constant prices compared with the third quarter of 2022. Considering only the domestic market, the fall in construction volume was 7%.

Wage pressure led the construction price index to rise again in the third quarter

Kuupäev 23.10.2023
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  3. Wage pressure led the construction price index to rise again in the third quarter
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.

Lower prices of materials led to a fall in the construction price index in the second quarter

Kuupäev 21.07.2023
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  3. Lower prices of materials led to a fall in the construction price index in the second quarter
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.

Construction volume down by 12% in the second quarter (corrected on 28.08.2023)

Kuupäev 28.08.2023
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  3. Construction volume down by 12% in the second quarter (corrected on 28.08.2023)
According to Statistics Estonia, in the second quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 12% at constant prices compared with the second quarter of 2022. Considering only the domestic market, the fall in construction volume was 14%.

In the first quarter, construction volume fell by 11%

Kuupäev 26.05.2023
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  3. In the first quarter, construction volume fell by 11%
According to Statistics Estonia, in the first quarter of 2023, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 11% at constant prices compared with the same period a year earlier.

All expenditure groups behind the rise in construction prices

Kuupäev 21.04.2023
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  3. All expenditure groups behind the rise in construction prices
According to Statistics Estonia, in the first quarter of 2023, the construction price index increased by 1.5% compared with the fourth quarter of 2022 and by 12.6% compared with the first quarter of 2022.

Higher prices of wood products had the biggest impact on the producer price index in March

Kuupäev 21.04.2025
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  3. Higher prices of wood products had the biggest impact on the producer price index in March
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with March 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, in electricity production, and in the manufacture of food products. “Falling prices in the manufacture of fuel oils, paper and paper products, and furniture had the opposite effect on the index. Producer prices increased by 1.9% in manufacturing as a whole and by 2.7% in the manufacture of food products,” Šokman added. Compared with February, the producer price index in March

Construction prices grew by 17.8% last year

Kuupäev 23.01.2023
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  3. Construction prices grew by 17.8% last year
According to Statistics Estonia, in 2022, the construction price index increased by 17.8% compared with the average of 2021. In the fourth quarter of 2022, the construction price index increased by 1.9% compared with the third quarter of 2022. The rise in the index compared with the fourth quarter of 2021 was again record high at 16.1%.

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