Estonian producer prices jumped by 33.7 percent year-on-year in May 2022, the most since January 1995, after a 31.8 percent growth in the previous month. The latest figure was also the 18th straight month of producer inflation, primarily influenced by increases in cost of electricity and heat energy production, the manufacture of wood and wood products, and fabricated metal products. On a monthly basis, producer prices increased by 3.1 percent in May, the most in five months, after a 2.8 percent gain in April. source: Statistics Estonia
Producer Prices Change in Estonia averaged 5.69 percent from 1994 until 2022, reaching an all time high of 40.44 percent in October of 1994 and a record low of -4.40 percent in April of 2020. This page provides the latest reported value for - Estonia Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Estonia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Producer Prices Change in Estonia is expected to be 17.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Estonia Producer Prices Change is projected to trend around 5.10 percent in 2023, according to our econometric models.