Estonia producer prices rise sharply in May

Figures

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Estonia's producer prices continued to increase sharply in May, mainly due to rising prices for electricity and heat energy production, figures from Statistics Estonia (SE) showed on Monday.

The producer price index (PPI) surged 33.7% year-on-year in May, following a 31.8% rise in the previous month, the Tallinn-based agency said in a report.

On a monthly basis, producer prices gained 3.1%.

Data also showed that import prices climbed 2.5% monthly and 30.1% yearly in May.

Export prices also rose 3.3% monthly in May and increased 27.7% from a year ago.

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