Revised data: average wages and salaries were €2126 in the second quarter
According to Statistics Estonia's revised data, in the second quarter of 2025, the average monthly gross wages and salaries were €2,126, which is 5.9% higher than in the second quarter of 2024.
HICP flash estimate: prices up by 0.6% in July
According to the preliminary estimate of Statistics Estonia, in July 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists, increased by 0.6% compared with June. Compared with July last year, the HICP rose by 5.6%.
GDP flash estimate: economy grew by 0.5% in Q2
According to Statistics Estonia's preliminary estimate, Estonia's economy showed modest improvement in the second quarter of 2025. Compared with the second quarter of 2024, the gross domestic product (GDP) increased by 0.5%.
HICP flash estimate: prices up by 1.1% in June
According to the preliminary estimate of Statistics Estonia, in June 2025, the harmonised index of consumer prices (HICP), which includes the expenditures of tourists in Estonia, increased by 1.1% compared with May. Compared with June last year, the HICP rose by 5.2%.
Construction volume down by 1.2% in the second quarter
According to Statistics Estonia, in the second quarter of 2025, the total construction volume of Estonian construction enterprises in Estonia and abroad decreased by 1.2% compared with the second quarter of 2024. On the domestic construction market, the volume of construction fell by 1.4%.
Construction price index up by 1.4% compared with the second quarter of last year
According to Statistics Estonia, in the second quarter of 2025, the construction price index increased by 0.9% compared with the first quarter and by 1.4% compared with the second quarter of 2024. Compared with the beginning of the year, the construction price index in the second quarter was most affected by the prices of building materials, which began to go up again.
Construction volume up by 5% in the first quarter
According to Statistics Estonia, in the first quarter of 2025, the total production value of Estonian construction enterprises in Estonia and abroad increased by 5% compared with the first quarter of 2024. Considering only the domestic market, the rise in construction volume was 3%.
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%.