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Producer price index of industrial output down by 0.5% in December

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Posted on 20 January 2026, 8:00

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, fell by 1.1% in December 2025 compared with November and by 0.5% compared with December 2024. The index was affected the most by falling prices in the manufacture of fuel oils and in electricity and heat energy production.

Eveli Šokman. Photo: Statistics Estonia

Eveli Šokman, the producer price statistics service manager at Statistics Estonia, said that, year on year, the producer price index declined in December after three months of trending upwards. “Compared with December 2024, the index was affected the most by falling prices in the manufacture of fuel oils and in electricity and heat energy production. Higher prices in the manufacture of wood and wood products, peat production, and the manufacture of food products had the opposite effect on the index,” added Šokman. In manufacturing as a whole, the index was unchanged year on year. In the manufacture of food products, prices were up by 0.9% in December.

Compared with November, the producer price index in December was primarily affected by falling prices in electricity and heat energy production, in the manufacture of fuel oils, and in peat production. The index was also influenced by price increases in the manufacture of wood and wood products, food products, and electronic products.

In December 2025, the export price index fell by 0.7% compared with November. The greatest decreases were registered in the prices of electricity, petroleum products, agricultural products, chemicals, and paper products. The biggest increases occurred in the prices of basic pharmaceutical products and pharmaceutical preparations, precious metal products, and metals. Compared with December 2024, the export price index was down by 0.3%.

The import price index declined by 1.2% in December compared with November. Prices fell the most for electricity, petroleum products and furniture. The largest increases were seen in the prices of metals, wood products and precious metal products. Compared with December 2024, the import price index fell by 0.7%.

Producer price index of industrial output, export price index and import price index (2010 = 100)

TotalProducer price index of industrial outputExport price indexImport price index
December 2023156.17146.01149.30
January 2024159.23149.04153.05
February 2024155.15142.25148.06
March 2024154.52142.76147.46
April 2024155.00144.02147.59
May 2024156.60146.37150.13
June 2024157.71147.20151.29
July 2024158.29148.17151.85
August 2024159.80149.20152.62
September 2024157.33147.41149.61
October 2024157.77149.05150.20
November 2024157.21147.66150.45
December 2024157.89149.68151.19
January 2025159.29150.95153.02
February 2025164.57153.80157.48
March 2025158.79150.10152.87
April 2025157.22148.79151.28
May 2025157.46149.38150.62
June 2025155.31148.40148.52
July 2025154.79147.54148.00
August 2025157.31148.67150.88
September 2025158.15149.64150.86
October 2025158.64150.55151.17
November 2025158.92150.41151.93
December 2025157.10149.30150.08

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.

Data as at 20 January 2026 are published. The indicator values may change if there are any revisions made in the data sources after this date.

See also the prices section on our website. More detailed data have been published in the statistical database.

When using Statistics Estonia’s data and graphs, please indicate the source.

For further information:

Susann Kivi
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 5696 6484
press [at] stat.ee

Photo: Shutterstock