Tag: labour costs


  • Latvia Construction Costs Up 2.1% YoY: Key Drivers and Implications

    Latvia Construction Costs Up 2.1% YoY: Key Drivers and Implications

    Latvia Construction Costs Edge Higher in 2025 Construction costs in Latvia increased by 2.1% on a year‑on‑year basis in September 2025, marking a continued uptick as the industry navigates tighter margins and evolving project economics. The latest statistics highlight where the pressures are most pronounced and how different cost components are contributing to the overall…