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Wednesday, September 24, 2008

Estonia Producer Price Inflation Slows Slightly In August

According to Statistics Estonia, Estonia's producer price index rose by 0.3% month on month in August over July and by 7.3% compared to August 2007. The principal month on month influences on the index were the increase in the price of metals and metal products and in the manufacture of rubber and plastic products. Compared to August 2007 the principal factor was the increase in the price of energy.

Export prices were down month on month, and the percentage change in the export price index was -0.1% compared to July and 3.8% compared to August 2007.

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