Estonia producer prices rise in April

Figures

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Estonia's producer price inflation increased in April mainly due to rising prices in electricity and heat energy production.

The producer price index (PPI) increased 31.8% year-on-year in April, data from Statistics Estonia (SE) showed on Friday.

In March, producer prices rose 30.3%.

On a month-on-month basis, producer prices rose 2.8% in April.

"Compared to March, the producer price index was affected the most by price increases in the manufacture of wood and wood products, food products, and chemicals and chemical products," Eveli Sokman, analyst at the statistics agency, said.

Import prices increased 2.5% monthly in April and gained 28.4% from a year ago. Export prices also rose 2.8% month-on-month and increased 25.4% year-on-year.

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