Estonian producer prices fell by 1.2 percent year-on-year in December 2019, following a 0.9 percent drop in the previous month. It is the sixth straight yearly decline in producer prices. On a monthly basis, producer prices decreased by 0.9 percent in December, compared to a 0.1 percent fall in November.
Producer Prices Change in Estonia averaged 5.36 percent from 1994 until 2019, reaching an all time high of 40.44 percent in October of 1994 and a record low of -3.10 percent in July of 2015. 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. 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 2.20 in 12 months time. In the long-term, the Estonia Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.