Estonia’s industrial producer prices decreased in April
Estonia’s producer price inflation slowed slightly to 4.6% in April from 5% in March, Statistics Estonia reported Monday. The producer price index was more than average influenced by the increase in prices in the electricity, gas, steam and air conditioning supply and in mining. Prices in mining surged 27.7% from the previous year, and electricity, gas, steam and air conditioning supply advanced 34.3%. The increase in manufacturing was just 1.1%. On a monthly basis, overall producer prices eased 0.1%. Export prices dipped 1% from a month ago, and decreased by 1.1% on a yearly basis. Likewise, import prices slipped 0.9% month-on-month, and decreased 2.4% annually.
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