Estonian PPI inflation eases in March

Estonian PPI inflation eases in March
By bne IntelliNews April 22, 2019

Estonia's producer price index (PPI) grew 0.4% y/y in March, data released by Statistics Estonia showed on April 22.

The headline figure sees the PPI inflation rate shed 0.2pp compared to the annual reading for February, extending the current trend of PPI inflation to 30 months straight. On a monthly basis, the index did not change.

The annual PPI growth in March came on the back of prices growing 5.2% y/y in the mining and quarrying sector. Elsewhere, growth was less pronounced or non-existent, data showed. In water supply, PPI did not change y/y while growing just 0.1% y/y in manufacturing. Prices fell 3.7% y/y in the utility sector – the supply of electricity, gas, steam, and air conditioning.

In m/m terms, PPI did not change in the water supply sector. Factory gate prices expanded 0.5% m/m in manufacturing and 1.3% m/m in mining and quarrying. In the utility sector, PPI declined 8.3% m/m.

Estonia's consumer price index (CPI) grew 2.3% y/y in March, Statistics Estonia said in early April. CPI growth remains driven by growing prices of energy for the housing sector, data showed.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Content

Bankers reassessing accelerating climate crisis in anticipation of trillions of dollars of annual damage

CEE recovering but no full rebound in sight, says wiiw

AI and cybersecurity to drive CEE tech sector

Data

Turkey keeps policy rate constant at 50%

Central bank is, notably, no longer talking about building up its reserves in parallel with so-called monetary framework simplification policy.

Slovak unemployment inched further down to 3.88% in March

There were 167,493 job applicants in March, which is at its lowest level since the end of 2019.

Poland’s industrial production disappoints in March as output declines 6% y/y

Poland’s industrial production fell 6% year on year in constant prices in March (chart), after a gain of 3.3% y/y the preceding month, unadjusted data from the statistical office GUS showed on April 22.

Ford drives hike in car production in Romania

Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.

Akbank launches spring syndicated loan renewals season for Turkish banks at better costs

Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.

Turkey keeps policy rate constant at 50%
10 minutes ago
Slovak unemployment inched further down to 3.88% in March
1 day ago
Poland’s industrial production disappoints in March as output declines 6% y/y
1 day ago
Ford drives hike in car production in Romania
7 days ago
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
8 days ago

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    8 days ago
  4. Don't mention the "D" word - Ukraine
    5 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss