Estonia producer price inflation slows in June

Figures

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Estonia's producer prices increased at a softer pace in June, mainly due to rising prices for electricity and heat energy production, figures from the Tallinn-based Statistics Estonia (SE) showed on Wednesday.

The producer price index rose 33.3% year-over-year in June, after a 33.7% growth in May.

"Compared with June last year, the index was primarily affected by price increases in electricity and heat energy production and in the manufacture of wood and wood products, food products and fabricated metal products," Eveli Sokman, leading analyst at the statistics agency, said.

On a monthly basis, producer prices increased 2.3% in June. Data also showed that import prices gained 3.5% monthly and 29.2% yearly in June.

Export prices rose 3.5% monthly in June and increased 29.2% from a year ago.

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