Estonian producer prices increased by 1.1% year-on-year in December 2024, following a 0.1% decline in the previous month. This marks the highest reading in four periods, driven by a sharp rise in costs for mining and quarrying (3.3% vs. 1% in November) and manufacturing (1.9% vs. 1.1%), particularly in wood processing, wood product production, machinery and equipment repair, and food production. Meanwhile, costs for electricity, gas, steam, and air-conditioning supply dropped at a slower pace (-8.3% vs. -16.8%), while producer inflation remained unchanged for water supply (9.9%). On a monthly basis, the PPI rose by 0.4%, following a 0.4% decline in the preceding period. For the entire year, the average producer prices fell 0.9%, after a 0.9% rise in 2023. source: Statistics Estonia

Producer Prices in Estonia increased 1.10 percent in December of 2024 over the same month in the previous year. Producer Prices Change in Estonia averaged 5.70 percent from 1994 until 2024, 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 January of 2025.

Producer Prices in Estonia increased 1.10 percent in December of 2024 over the same month in the previous year. Producer Prices Change in Estonia is expected to be 2.20 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 2.00 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-20 06:00 AM
PPI YoY
Nov -0.1% 0.2% 0.6%
2025-01-20 06:00 AM
PPI YoY
Dec 1.1% -0.1% 1.9%
2025-02-28 06:00 AM
PPI YoY
Jan 1.1%

Components Last Previous Unit Reference
Inflation Rate YoY 3.90 3.70 percent Dec 2024

Related Last Previous Unit Reference
CPI 302.86 302.56 points Dec 2024
CPI Housing Utilities 618.84 616.99 points Dec 2024
CPI Transportation 246.90 241.35 points Dec 2024
Export Prices 454.81 448.67 points Dec 2024
Food Inflation 5.40 5.40 percent Dec 2024
GDP Deflator 154.83 150.88 points Dec 2023
Import Prices 195.51 194.55 points Dec 2024
Inflation Rate MoM 0.10 -0.40 percent Dec 2024
Producer Prices 157.90 157.21 points Dec 2024
PPI YoY 1.10 -0.10 percent Dec 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.10 -0.10 40.44 -4.40 1994 - 2024 percent Monthly
NSA


News Stream
Estonia Producer Prices Rise 1.1% in December
Estonian producer prices increased by 1.1% year-on-year in December 2024, following a 0.1% decline in the previous month. This marks the highest reading in four periods, driven by a sharp rise in costs for mining and quarrying (3.3% vs. 1% in November) and manufacturing (1.9% vs. 1.1%), particularly in wood processing, wood product production, machinery and equipment repair, and food production. Meanwhile, costs for electricity, gas, steam, and air-conditioning supply dropped at a slower pace (-8.3% vs. -16.8%), while producer inflation remained unchanged for water supply (9.9%). On a monthly basis, the PPI rose by 0.4%, following a 0.4% decline in the preceding period. For the entire year, the average producer prices fell 0.9%, after a 0.9% rise in 2023.
2025-01-20
Estonia Producer Prices Tumbles in November
Estonian producer prices dropped by 0.1% year-on-year in November 2024, slipping from a 0.2% increase in the previous month. The decline was mainly due to a sharp decrease in prices for electricity, gas, steam, and air-conditioning supply (-16.8% vs -7.5% in October). Meanwhile, producer inflation increased for manufacturing (1.1% vs 0.7%), particularly in the manufacture of basic pharmaceutical products and pharmaceutical preparations (18.8% vs 15.3%) and basic metals (7.9% vs 0.5%). Moreover, costs rose faster for mining & quarrying (1% vs 0.5%), and water supply (9.9% vs 8.9%). On a monthly basis, the PPI fell by 0.4%, following a 0.3% advance in the preceding period.
2024-12-20
Estonia Producer Prices Up 0.2% YoY
Estonian producer prices increased by 0.2% year-on-year in October 2024, rebounding from a 0.5% decline in the previous month. The renewed rise was primarily driven by a recovery in costs for mining and quarrying (0.5% vs. -1.2% in September). Meanwhile, prices for electricity, gas, steam, and air-conditioning supply fell at a slower rate (-7.5% vs. -19.9%), and producer inflation for water supply remained steady at 8.9%. In contrast, manufacturing costs grew at a slower pace (0.7% vs. 0.9%). On a monthly basis, the PPI increased by 0.3%, recovering from a 1.6% drop in September.
2024-11-20