Producer Prices in Estonia

Estonia Producer Prices | Economic News & Forecasts

Estonia - Producer Prices

Inflation edges up in August

Consumer prices rose 0.5% over the previous month in August, up from July’s 0.1% uptick. According to data released by Statistics Estonia, the acceleration was led by higher prices for clothing and footwear, and household goods. Overall, just 3 out of the 12 components posted month-on-month declines in prices, with alcoholic beverages and tobacco posting the largest drop.

Meanwhile, inflation edged up to 3.6% in August, from 3.5% in July. Annual average inflation, however, remained unchanged from the previous month’s print at 3.5%.

Harmonized inflation edged up from 3.3% in July to 3.5% in August. Meanwhile, annual average harmonized inflation ticked down to 3.5% in August, from 3.6% in July, marking the lowest reading so far this year.

Estonia Inflation Forecast

Met the why particular panelists project harmonized inflation to average 3.1% in 2018. For 2019, they expect inflation to average 2.8%.

Estonia - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)4.1  -1.6  -2.0  -0.7  3.6  

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Estonia Producer Prices Chart

Estonia PPI
Note: Annual variation of producer price index (PPI) in %.
Source: Statistics Estonia.

Estonia Facts

Exchange Rate1.160.65 %Oct 12
Stock Market1,213-0.38 %Oct 12

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