Producer Prices in Estonia
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
|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||1.16||0.65 %||Oct 12|
|Stock Market||1,213||-0.38 %||Oct 12|
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September 24, 2018
Consumer prices rose 0.5% over the previous month in August, up from July’s 0.1% uptick.
September 3, 2018
According to Statistics Estonia, annual industrial production growth in working day-adjusted terms hit 3.7% in July, up from 2.5% in June.
August 31, 2018
The Estonian economy accelerated in the second quarter, with GDP growing 3.7% on annual basis, according to comprehensive data released by Statistics Estonia on 31 August.
August 17, 2018
Consumer prices edged up 0.1% over the previous month in July, down from June’s 0.9% increase.
July 31, 2018
According to Statistics Estonia, annual industrial production growth eased from a revised 3.4% reading in May (previously reported: +3.0% year-on-year) to 2.5% in June.