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Press release

Overall level of construction costs rose by 2.1 % year-on-year and by 0.1 % month-on-month

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

Compared to November 2024, labour remuneration of workers rose by 5.8 %, maintenance and operational costs of machinery and equipment increased by 1.9 %, while prices of building materials did not change.

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 (such as roofers, plasterers, sanitary technicians, and others), as well as electricians.


Compared to October 2025, the overall level of construction costs rose by 0.1 %. Labour remuneration of workers as well as maintenance and operational costs of machinery and equipment each increased by 0.3 %, while prices of building materials fell by 0.2 %.

The average level of construction costs was mainly influenced by higher labour remuneration to workers carrying out finishing works (such as roofers, plasterers, sanitary technicians, and others) and electricians. An increase in the prices of maintenance and operational costs of excavators and mobile cranes pushed the level up as well. 

Information on construction cost changes in December 2025 will be published on 28 January 2026.

Additional statistics for construction costs 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:
Public Relations Section
Email: media@csp.gov.lv
Phone: +371 27880666

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

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