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In the third quarter, the construction price index was again boosted by the rising prices of materials

Kuupäev 21.10.2021
Article
  1. Home
  2. In the third quarter, the construction price index was again boosted by the rising prices of materials
According to Statistics Estonia, in the third quarter of 2021, the construction price index increased by 5.1% compared to the second quarter and by 11.8% compared to the third quarter of 2020.

In October, there was an upturn in the turnover volume of stores selling manufactured goods

Kuupäev 28.11.2024
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  3. In October, there was an upturn in the turnover volume of stores selling manufactured goods
Johanna Linda Pihlak, analyst at Statistics Estonia, said that while turnover volume fell by 4% in September year on year, the decline was slightly slower in October. “The fall in the volume of retail trade turnover in October was mainly due to grocery stores, as their turnover volume decreased by 4% year on year. However, the turnover volume of stores selling manufactured goods, which had been in decline for over two years, started to rise again in October and was up by 3% year on year,” noted Pihlak. Among stores selling manufactured goods, the biggest increase at 18% was registered in the

Construction volume increased by 17%, boosted mainly by the domestic market

Kuupäev 26.08.2021
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  2. Construction volume increased by 17%, boosted mainly by the domestic market
According to Statistics Estonia, in the second quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 17% year on year. Considering only the Estonian construction market, the growth in construction volume was 18%.

Construction price index

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  4. Construction price index
The construction price index expresses the change in the cost of construction taking into consideration the price changes of basic inputs. These are divided into three main groups: labour, building materials and building machines. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings and office buildings. Price information is collected by a sample survey covering construction, rental and wholesale companies and retail enterprises in ten cities. The construction price index is published quarterly.

Construction prices started to rise in the fourth quarter

Kuupäev 21.01.2021
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  2. Construction prices started to rise in the fourth quarter
According to Statistics Estonia, in 2020, the construction price index increased by 0.4% compared to the average of 2019. In the fourth quarter of 2020, compared to the third quarter, the construction price index rose by 0.4%, and compared to the fourth quarter of 2019, fell by 0.1%.

Manufacturing output up by 0.8% in October

Kuupäev 04.12.2024
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  3. Manufacturing output up by 0.8% in October
Helle Bunder, leading analyst at Statistics Estonia, noted that, in October, the volume of production in manufacturing increased slightly after a long period of decline. “Manufacturing output had fallen for nearly 2.5 years but now grew by 0.8% compared with October 2023,” explained Bunder. In October, the volume of industrial production increased in almost half of manufacturing activities. Looking at the larger industries, output increased in the manufacture of food products (6.4%), fabricated metal products (3.8%), electrical equipment (9.9%), and building materials (8%). Among the major

Construction volumes fell, but demand for new dwellings remains high

Kuupäev 26.02.2021
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  2. Construction volumes fell, but demand for new dwellings remains high
According to the preliminary data of Statistics Estonia, in 2020, the total production value of Estonian construction enterprises in Estonia and abroad was 3 billion euros. The construction volume decreased by 6% year on year. Considering only the Estonian construction market, the decrease in construction volume was 3%.

Retail trade volume down by 1% year on year

Kuupäev 02.01.2025
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  3. Retail trade volume down by 1% year on year
Johanna Linda Pihlak, analyst at Statistics Estonia, pointed out that the decline in the volume of retail trade turnover in November was most affected by grocery stores, as their turnover volume decreased by 4% year on year. “The turnover volume of stores selling manufactured goods, however, continued to grow in November, increasing by 2% compared with the same period last year,” Pihlak noted. Among stores selling manufactured goods, the biggest increase at 15% was registered in the turnover volume of other specialised stores selling predominantly computers and their accessories, books, sports

Producer price index of industrial output, export and import price index, September 2024

Kuupäev 21.10.2024
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  3. Producer price index of industrial output, export and import price index, September 2024
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that, compared with September 2023, the producer price index was most affected by price decreases in electricity and heat energy production and in the manufacture of fuel oils. “Rising prices in the manufacture of wood and wood products, repair of machinery and equipment, and manufacture of electronic equipment had the opposite effect on the index. Producer prices increased by 0.8% in manufacturing as a whole and decreased by 0.8% in the manufacture of food products,” Šokman noted. Compared with August 2024, the

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