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The rise in construction prices last year was driven by the increased cost of materials

Kuupäev 21.01.2022
Article
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  2. The rise in construction prices last year was driven by the increased cost of materials
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%.

The continued rise of the construction price index was mainly due to higher cost of materials

Kuupäev 21.04.2021
Article
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  2. The continued rise of the construction price index was mainly due to higher cost of materials
According to Statistics Estonia, in the first quarter of 2021, the construction price index increased by 0.7% compared to the fourth quarter of 2020 and by 0.5% compared to the first quarter of 2020.

The rise in retail trade volume accelerated in April

Kuupäev 29.05.2025
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  3. The rise in retail trade volume accelerated in April
Johanna Linda Pihlak, analyst at Statistics Estonia, said that the volume of turnover, which in March had grown by 2% year on year, showed slightly faster growth in April. “The increase in retail trade volume in April was driven by enterprises engaged in the retail sale of automotive fuel and by stores selling manufactured goods – compared with April last year, their turnover volume was up by 18% and 7%, respectively,” explained Pihlak. Among stores selling manufactured goods, the biggest increase at 34% was registered in the turnover volume of other specialised stores selling predominantly

The increase in manufacturing output in January was mainly driven by the wood industry

Kuupäev 05.03.2025
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  3. The increase in manufacturing output in January was mainly driven by the wood industry
Helle Bunder, leading analyst at Statistics Estonia, said that the increased output of manufacturing resulted primarily from the higher volume of production in the manufacture of wood. “In January, the output of the wood industry was up by 8.3% year on year. This was the first time since May 2022 that the output of this industry increased,” explained Bunder. In January, the volume of industrial production increased in more than half of manufacturing activities. Looking at the larger industries, there was an increase in output in the manufacture of wood (8.3%), fabricated metal products (5.9%)

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 volume up by 14% in the first quarter

Kuupäev 26.05.2022
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  2. Construction volume up by 14% in the first quarter
According to Statistics Estonia, in the first quarter of 2022, the total construction volume of Estonian construction enterprises in Estonia and abroad increased by 14% year on year.

Retail trade volume increased for the third consecutive month

Kuupäev 28.03.2025
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  3. Retail trade volume increased for the third consecutive month
Johanna Linda Pihlak, analyst at Statistics Estonia, said that, compared with February last year, turnover volume grew by 21% in enterprises engaged in the retail sale of automotive fuel and by 6% in stores selling manufactured goods. “In grocery stores, the volume of turnover declined by 5% in February year on year,” added Pihlak. Among stores selling manufactured goods, the biggest increase at 28% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports equipment, games, toys, etc. The volume of turnover was up by

Construction volume took a downturn in the second quarter

Kuupäev 26.08.2022
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  2. Construction volume took a downturn in the second quarter
According to Statistics Estonia, in the second quarter of 2022, the total production value of Estonian construction enterprises in Estonia and abroad decreased by 1.4% year on year at constant prices. Considering only the Estonian construction market, the construction volume fell by 1.8%.

Retail trade volume up by 2% in May

Kuupäev 30.06.2025
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  3. Retail trade volume up by 2% in May
In comparison with May 2024, turnover volume grew by 13% in enterprises engaged in the retail sale of automotive fuel and by 5% in stores selling manufactured goods. Johanna Linda Pihlak, analyst at Statistics Estonia, said that the decline in the volume of turnover in grocery stores accelerated in May, falling by 5% compared with the same period last year. “The decrease in May was influenced by the continued rise in food prices. The last time the volume of turnover in grocery stores increased year on year was in March 2024, i.e. 14 months ago,” Pihlak added. Among stores selling manufactured

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