On year, the CPI in the second quarter of 2022 was influenced primarily by rising materials costs, which accounted for 70 percent of the total index increase, Statistics Estonia analyst Ülo Paulus said according to a press release.

"Compared with the first quarter of 2022, the labor force was 2.3 percent more expensive, the cost of using construction machinery rose by 2.9 percent and materials costs by 6.3 percent, Paulus added.

The CPI expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labor force, building materials and construction machinery.

The calculation of the CPI covers four groups of buildings: detached houses, apartment buildings, industrial buildings and office buildings.

The repair and reconstruction work price index for the second quarter, meanwhile, rose by 3.8 percent compared with the previous quarter and by 16 percent on year.

The repair and reconstruction work price index is calculated based on office buildings.

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