In January, the producer price index remained at the same level year on year
The producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, rose by 0.9% in January 2025 compared with December 2024. The index remained at the same level as in January last year.
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, noted that, compared with January 2024, the producer price index was most affected by price increases in the manufacture of wood and wood products, repair of machinery and equipment, and mining and quarrying. ”Falling prices in electricity and heat energy production and in the manufacture of paper and paper products and fabricated metal products had the opposite effect on the index. Producer prices increased by 2.4% in manufacturing as a whole and by 0.8% in the manufacture of food products,” Šokman added.
Compared with December 2024, the producer price index was primarily affected by rising prices in electricity and heat energy production, in the repair of machinery and equipment, and in the manufacture of fuel oils. The index was also influenced by price decreases in the manufacture of fabricated metal products and electronic products as well as paper and paper products.
In January, the export price index rose by 0.8% compared with December. The biggest price increases were recorded for petroleum products, in mining and quarrying, and for wearing apparel. Prices fell the most for paper and paper products and electricity. Compared with January 2024, the export price index increased by 1.3%.
The import price index rose by 1.2% in January compared with December. Prices increased the most for agricultural products, electricity, and petroleum products. The greatest decreases were registered in the prices of wearing apparel, building materials, and footwear and leather products. Compared with January 2024, the import price index remained at the same level.
Statistics Estonia collects and analyses data for the producer price index of industrial output, export price index and import price index for the Ministry of Economic Affairs and Communications, to understand how the Estonian economy is doing.
See also the prices section on our website. More detailed data have been published in the statistical database.
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For further information:
Heidi Kukk
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 5696 6484
press [at] stat.ee