ADVERTISEMENT

Estonian Producer Inflation Slows to 2 Years Low

Analysis

Photo by xtock / Shutterstock.com

Estonian producer prices increased by 4.2% year-on-year in April, slowing from a 7.9% gain in the previous month, figures from the Tallinn-based Statistics Estonia (SE) on Monday show.

It was the lowest reading since February of 2021, due to softer rises in prices of manufacturing sectors (5.2% vs 9.3% in March), mainly food products (13.6% vs 17.7%) and electrical equipment (10.2% vs 12.6%).

On the other hand, decreases were seen in prices of the manufacture of fuel oils and electricity production.

On a monthly comparison basis, producer prices dropped 0.7% in April, after a 0.4% fall in March. 

Prospects of Hungarian Feed Industry Favorable This Year Crops

Prospects of Hungarian Feed Industry Favorable This Year

Hungary Opposes Freeing up Further EUR 6.5 bln From EPF Int’l Relations

Hungary Opposes Freeing up Further EUR 6.5 bln From EPF

Continental Dohányipari Lays Cornerstone of HUF 16.5 bln Exp... Manufacturing

Continental Dohányipari Lays Cornerstone of HUF 16.5 bln Exp...

New Textile Collection Celebrates Hungary's Furmint Grape Wi... Art

New Textile Collection Celebrates Hungary's Furmint Grape Wi...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.