Producer Prices in Estonia
Estonia - Producer Prices
Inflation surges to an over six-year high in October
Consumer prices rose 0.5% over the previous month in October, following September’s flat reading. A breakdown of the sub-components showed that 6 of the total 12 saw an increase in prices, led by higher prices for transport—largely due to rising global oil prices—as well as for clothing and footwear. The remaining 6 sub-components posted a decrease in prices, led by housing and household goods.
Meanwhile, inflation shot up to 4.4% in October (September: 3.7%), marking the highest reading since March 2012. Nevertheless, annual average inflation remained stable in October at 3.5%.
In a similar fashion, harmonized inflation rose to 4.5% in October (September: 3.5%), while annual average harmonized inflation matched September’s 3.5%.
Met the why particular panelists project harmonized inflation to average 2.8% in 2019, which is unchanged from last month’s forecast. For 2020, they expect inflation to average 2.7%.
Estonia - Producer Prices Data
|Inflation (PPI, annual variation in %)||4.1||-1.6||-2.0||-0.7||3.6|
5 years of economic forecasts for more than 30 economic indicators.
Estonia Producer Prices Chart
Source: Statistics Estonia.
|Exchange Rate||1.13||0.65 %||Dec 11|
|Stock Market||1,192||-0.38 %||Dec 11|
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December 3, 2018
According to Statistics Estonia, annual industrial output growth fell to 1.7% in working day-adjusted terms in October, from 2.6% in the previous month.
November 30, 2018
The economy shifted into a higher gear in the third quarter, according to comprehensive data released by Statistics Estonia on 30 November.
November 14, 2018
Consumer prices rose 0.5% over the previous month in October, following September’s flat reading.
October 31, 2018
According to Statistics Estonia, annual industrial output growth decelerated to 2.3% in working day-adjusted terms in September, from 5.8% in August.
October 1, 2018
According to Statistics Estonia, annual industrial production growth in working day-adjusted terms accelerated in August, growing 5.6% following an annual expansion of 3.8% in July.