Estonian Producer Inflation Falls in March
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Estonian producer prices increased by 7.9% year-on-year in March, easing from 11.6% rise in the previous month, data released by the Tallinn-based Statistics Estonia (SE) on Thursday show.
It was the lowest reading since April 2021, mainly due to the falling prices in the manufacture of fuel oils and electricity production.
On the other hand, increases were seen in the manufacture of food products, wood products and building materials.
On a monthly basis, producer prices fell 0.4% in March, following a 0.2% drop in the previous month.
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