Overall level of construction costs rose by 2.0 % year-on-year, with labour remuneration of workers growing by 5.0 %

Central Statistical Bureau data show that in July 2025 the level of construction costs in Latvia increased by 2.0 % year-on-year and by 0.2 % month-on-month.

Compared to July 2024, labour remuneration of workers rose by 5.0 %, maintenance and operational costs of machinery and equipment increased by 2.1 %, while prices of building materials grew by 0.1 %.

The rise in the overall year-on-year level of construction costs is mainly attributable to higher labour remuneration to auxiliary workers of road building, assemblers, as well as workers carrying out finishing works, such as roofers, plasterers, sanitary technicians, and others.

Compared to June 2025, the overall level of construction costs rose by 0.2 %. Maintenance and operational costs of machinery and equipment as well as prices of building materials each rose by 0.3 %, while labour remuneration of workers increased by 0.2 %.

The average level of construction costs was mainly influenced by higher maintenance and operational costs of trucks, semi-trailers, and excavators. An increase in the prices of sand and crushed dolomite (aggregate) pushed the level up as well.

Information on construction cost changes in August 2025 will be published on 25 September.

Methodological information

The Construction Cost Index (CCI) aims to reflect average trends in the prices of construction resources. The CCI is input price index, and it presents price changes for the main types of resources invested in the construction.

In 2025, the data on prices of construction resources are provided by approximately 225 construction enterprises and more than 40 trade enterprises. When calculating CCI, the prices of building materials submitted by enterprises for the calculation of producer price indices in industry and import price index are also used. Additionally, registered consumer prices of building materials are used in calculations.

The sample includes construction enterprises with the highest value of own account construction works in 2024. The share of enterprises with the value of own account construction work exceeding EUR 1 million per year accounted for 87.1 %, in 31.6 % of which the value of own account construction work exceeded EUR 5 million per year. The criterion for the sample of trade enterprises is their turnover and specialisation.

Further methodological information on construction cost statistics is available in the official statistics portal Reference metadata section.

Media requests:
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More information on the data:
Ļubova Ņemsadze
Producer Price Indices Section
Email: Lubova.Nemsadze@csp.gov.lv
Phone: +371 67366783