Estonia PPI Inflation Eases in July
Photo by noppawan09/Shutterstock.com
Estonia's producer prices continued to increase strongly in July, though the rate of increase was slower than in the previous two months, figures from Statistics Estonia (SE) showed on Monday.
The producer price index (PPI) rose 28.8% year-on-year in July, after a 33.3% surge in June.
Manufacturing prices alone grew 20.3% in July, and the price index for the manufacture of food products was 25.1% higher compared to last year.
On a monthly basis, producer prices went up 0.4% in July. Data also showed that import prices climbed 1.5% monthly and 28.7% yearly in July.
Export prices rose 0.4% monthly in July and increased 26.8% from a year ago.
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.