Estonian producer prices grew by 8.4 percent year-on-year in May 2020, following a 6.8 percent gain in the previous month. This was the sixth yearly increase in producer prices and the strongest growth since February 2008, due to an increase in electricity production and manufactured of electronic equipment, wood and wood products. On a monthly basis, producer prices rose by 1.6 percent in May, the same pace as in April. source: Statistics Estonia
Producer Prices Change in Estonia averaged 5.08 percent from 1994 until 2021, 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 June of 2021.
Producer Prices Change in Estonia is expected to be 5.80 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 5.50 in 12 months time. In the long-term, the Estonia Producer Prices Change is projected to trend around 3.50 percent in 2022, according to our econometric models.