Estonia Producer Price Inflation Slows in November

Figures

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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.

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