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Construction price index up by 1.7% compared with the third quarter of last year

Kuupäev 21.10.2025
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  3. Construction price index up by 1.7% compared with the third quarter of last year
“In the third quarter, the 2% higher cost of materials had the biggest impact on the construction price index compared with the third quarter of last year. The costs of labour force and building machines both rose by 1.2%,” said Ülo Paulus, leading analyst at Statistics Estonia. Compared with the second quarter of 2025, labour costs increased by 0.4% and materials were 0.3% more expensive, while the cost of using building machines decreased by 0.6%. “Prices associated with building machines were mainly driven down by savings from adjusted fuel prices. The higher cost of materials was primarily

In the second quarter, exports of services grew by 8% and imports by 11%

Kuupäev 02.09.2025
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  3. In the second quarter, exports of services grew by 8% and imports by 11%
Jane Leppmets, foreign trade analyst at Statistics Estonia, pointed out that unlike the balance of foreign trade in goods, the balance of foreign trade in services continues to show a surplus, which means that Estonian economic entities export significantly more services than they import. Economic entities include enterprises and non-profit entities, for instance, non-profit associations and state agencies. “In the second quarter, exports of services exceeded imports by €815 million. The surplus was €9 million bigger than in the second quarter last year,” added Leppmets. The top services

In May, the consumer price index rose by 0.1% compared with April

Kuupäev 06.06.2025
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  3. In May, the consumer price index rose by 0.1% compared with April
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in May was almost unchanged compared with April but rose by 4.5% year on year. “Compared with May 2024, the index was affected the most by the 7.1% higher prices of food products. In transport, prices increased by 6.2%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from April, including an increased appointment fee for specialist medical care, which also affected the index year on

In the third quarter, the number of job vacancies decreased by a fifth year on year

Kuupäev 05.12.2024
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  3. In the third quarter, the number of job vacancies decreased by a fifth year on year
“In the third quarter, the total number of vacant and occupied posts was a little under 604,000. The majority of the posts were in manufacturing, trade, and education,” said Sigrid Saagpakk, analyst at Statistics Estonia. Vacant posts accounted for 1.6% of the total number of posts. The number of job vacancies was the highest in education (1,674), trade (1,322), and public administration and defence (1,278). The number of people leaving their job was the greatest in wholesale and retail trade. The number of people hired was the highest in education. The number of people leaving their job at

In August, the number of accommodated foreign tourists was up by 4% year on year

Kuupäev 09.10.2025
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  3. In August, the number of accommodated foreign tourists was up by 4% year on year
240,700 foreign and 218,500 domestic tourists were accommodated in Estonia in August. Foreign tourists accounted for a slightly bigger share (52%) than domestic tourists (48%). Helga Laurmaa, leading analyst at Statistics Estonia, said that the number of foreign tourists has grown in most months this year. “Compared with August last year, there were 4% more foreign tourists accommodated but their number was still a little below the pre-pandemic level,” she noted. “While the number of domestic tourists showed a slight decline, domestic tourism has recovered well, as indicated by the number of

The economy contracted by 0.7% in Q3

Kuupäev 29.11.2024
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  3. The economy contracted by 0.7% in Q3
Robert Müürsepp, team lead of national accounts at Statistics Estonia, noted that the economy, which has been falling for ten quarters in a row, is showing signs of improvement, but the biggest changes are still on the negative side. “Among the activities, construction had a strong negative impact on the economy, as did manufacturing. The biggest positive contributor after two years was again information and communication, where value added grew by 7.3%,” Müürsepp stated. Real estate activities and agriculture, forestry and fishing also made larger positive contributions to the economy. The

In June, the rise in the consumer price index was the smallest of recent years

Kuupäev 05.07.2024
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  3. In June, the rise in the consumer price index was the smallest of recent years
According to Statistics Estonia, in June, the consumer price index increased by 0.4% compared with May and by 2.5% compared with June 2023. Goods were 1.7% and services 3.8% more expensive than in June last year.

Construction price index up by 1.4% compared with the second quarter of last year

Kuupäev 22.07.2025
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  3. Construction price index up by 1.4% compared with the second quarter of last year
Ülo Paulus, leading analyst at Statistics Estonia, pointed out that in the second quarter, compared with the same period in 2024, the construction price index was primarily influenced by the increase in wages of workers, which accounted for 37% of the index change. However, the impact of wage growth on the change in the index was 5.5 percentage points lower than last year. “Compared with the first quarter of 2025, labour force was 0.1% more expensive, whereas the cost of using building machines and the price of building materials each increased by 1.2%. The rise in the cost of machinery was

In September, the prices of juices and syrups increased the most among food products

Kuupäev 07.10.2024
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  3. In September, the prices of juices and syrups increased the most among food products
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that, compared with September 2023, the consumer price index was affected the most by price changes related to food and non-alcoholic beverages, motor fuel and oils, and miscellaneous goods and services. “Among food products, the biggest increases compared with September last year occurred in the prices of juices and syrups, which rose by 57.1%, and the prices of olive oil, which increased by 56.3%. On the other hand, the prices of sugar decreased by 20.1%,” noted Veski. In September, petrol was 11.9% and diesel

A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs

Kuupäev 20.11.2025
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  3. A new business analytics tool on the eesti.ee portal is now freely available to all entrepreneurs
“Until now, the state has been collecting various data from entrepreneurs, but with this application the state is, for the first time, returning such a large amount of valuable information back to the entrepreneurs,” explained Sirli Heinsoo, Head of the Digital Economy Department at the Ministry of Economic Affairs and Communications. She added that the application returns an analysis compiled from the company’s own submitted data, helping entrepreneurs assess their strengths and weaknesses and compare their company with others. “The more accurate the data submitted to the state, the more

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