Estonian Producer Price Inflation Slows in February
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Estonian producer prices increased to 11.6% year-on-year in February, marking the 27th straight month of price growth, although easing from a 12.7% increase in the previous month, data released by the Tallinn-based Statistics Estonia (SE) showed on Monday.
The latest figure was also the smallest rise since June 2021, mainly influenced by the costs of fuel oil production.
Meanwhile, increases were seen in prices of food production, wood products, and construction materials.
On a monthly basis, producer prices declined by 0.2% in February, following a 1% fall in the previous month.
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