Estonia Producer Price Inflation Slows in November

Figures

Image by AlexLMX/Shutterstock.com

Estonia's producer price inflation continued to increase in November, albeit at a softer rate, figures from Statistics Estonia (SE) showed on Tuesday.

The producer price index (PPI) rose 22.4% year-on-year in November, after a 23.5% increase in October.

Manufacturing prices alone grew 16.4% in November, and the price index for the manufacture of food products was 26.8% higher compared to last year.

Data also showed that import prices fell 0.5% monthly and grew 18% yearly in November. Meantime, export prices remained unchanged monthly in November and gained 20.2% from a year ago.

On a monthly comparison basis, producer prices gained 0.2% in November, the Tallinn-based agency said.

ADVERTISEMENT

S&P Downgrades Hungary to BBB- Ratings

S&P Downgrades Hungary to BBB-

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

Montenegro's Q4 Retail Sales Rise on Year, Fall on Quarter  Retail

Montenegro's Q4 Retail Sales Rise on Year, Fall on Quarter 

Avatar: The Way of Water Breaks Box Office Record in Hungary Art

Avatar: The Way of Water Breaks Box Office Record in Hungary

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.