Estonia producer prices rise in February

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Estonia's producer prices increased in February, data from the Tallinn-based Statistics Estonia (SE) showed on Monday.

The producer price index (PPI) rose 4.1% year-on-year in February. On a month-on-month basis, producer prices rose 1% in February.

"Compared to January, the producer price index was affected the most by increased prices in electricity production and in the manufacture of wood and wood products, fuel oils, and fabricated metal products," Eveli Sokman, leading analyst at the agency, said. Import prices rose 2.0% monthly in February and decreased 1.9% from a year ago.

Export prices grew 1.8% monthly in February and increased 0.1% yearly.

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