Estonian producer prices dropped by 2.2 percent year-on-year in August 2020, following a 3.4 percent fall in the previous month. This was the fourteenth straight month of decline in producer prices but the smallest decrease since last December. On a monthly basis, producer prices rose 1.1 percent in August, after falling 1.0 percent in July.
Producer Prices Change in Estonia averaged 5.15 percent from 1994 until 2020, 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 September of 2020. source: Statistics Estonia
Producer Prices Change in Estonia is expected to be -1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Estonia to stand at 1.50 in 12 months time. In the long-term, the Estonia Producer Prices Change is projected to trend around 2.20 percent in 2021 and 3.50 percent in 2022, according to our econometric models.