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.

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Estonia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-2.20 -3.40 40.44 -4.40 1994 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-22 05:00 AM May -3.9% -4.4% -4.2%
2020-07-20 05:00 AM Jun -2.3% -3.9% -3.5%
2020-08-21 05:00 AM Jul -3.4% -2.3% -1.8%
2020-09-21 05:00 AM Aug -2.2% -3.4% -2.8%
2020-10-20 05:00 AM Sep -2.2% -1.5%
2020-11-20 06:00 AM Oct
2020-12-21 06:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Estonian Producer Prices Fall the Most in Near 3-1/2 Years
Estonian producer prices dropped by 1.7 percent year-on-year in October 2019, following a 1.0 percent fall in the previous month. It is the fourth straight monthly decline in producer prices and the steepest decrease since May 2016 , as manufacturing prices fell faster (-2.4 percent vs -1.4 percent in September). In addition, mining and quarrying prices rose softer (2.8 percent vs 6.6 percent). Meanwhile, inflation of water supply, sewerage, waste management and remediation was unchanged (at 0.9 percent). On the other hand, prices of electricity, gas, steam and air conditioning supply rebounded (0.2 percent vs -3.7 percent). On a monthly basis, producer prices went down 0.4 in October, after a 0.1 percent drop in a month earlier.
2019-11-20
Estonian Producer Prices Fall for 3rd Month
Estonian producer prices dropped by 1.0 percent year-on-year in September 2019, following a 1.3 percent fall in the previous month. It is the third straight monthly decline in producer prices, as prices continued to decrease for both electricity, gas, steam and air conditioning supply (-3.7 percent vs -8.7 percent in August) and manufacturing (-1.4 percent vs -1.2 percent). On the other hand, mining and quarrying prices increased softer (6.6 percent vs 7.5 percent), while inflation of water supply, sewerage, waste management and remediation was steady (at 0.9 percent). On a monthly basis, producer prices edged down 0.1 in September, after a 0.2 percent drop in a month earlier.
2019-10-21

Estonia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.