Over the year, the level of construction costs increased by 2.1 %, but during the month by 0.1 %

Central Statistical Bureau data show that in August 2025 the level of construction costs in Latvia increased by 2.1 % year-on-year and by 0.1 % month-on-month.

Compared to August 2024, labour remuneration of workers rose by 5.0 %, maintenance and operational costs of machinery and equipment increased by 2.2 %, while prices of building materials grew by 0.4 %.

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, workers carrying out finishing works (roofers, plasterers, sanitary technicians and others), as well as assemblers. 

Compared to July 2025, the overall level of construction costs rose by 0.1 %. Labour remuneration of workers increased by 0.4 %, while maintenance and operational costs of machinery and equipment reduced by 0.1 %, but level of prices of building materials remained the same.

The average level of construction costs was mainly influenced by an increase in labour remuneration to assemblers, auxiliary workers of road building, as well as concrete workers and workers of related professions.

Information on construction cost changes in September 2025 will be published on 27 October.

More information on construction cost changes in Latvia is available in the official statistics portal section Producer prices.

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 data:
Ļubova Ņemsadze
Producer Price Indices Section
E-mail: Lubova.Nemsadze@csp.gov.lv
Phone: +371 67366783