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Jelena Jurkova, analyst in the producer price statistics team at Statistics Estonia, said that, year on year, the producer price index of industrial output fell for the third consecutive month. “Compared with August 2024, the index was most affected by price decreases in electricity production and in the manufacture of fuel oils. Higher prices in the manufacture of wood and wood products and in the manufacture of food products had the opposite effect on the index,” Jurkova noted. Producer prices decreased by 0.1% in manufacturing as a whole, whereas the rise in the manufacture of food products

Eveli Šokman, team lead of producer price statistics at Statistics Estonia, pointed out that although the producer price index has been falling year on year for the previous three months, a slight increase can be seen again in September. “Compared with September 2024, the index was most affected by price increases in the manufacture of wood and wood products, food products, and peat products. Falling prices in the manufacture of fuel oils, paper, and fabricated metal products had the opposite effect on the index,” Šokman added. Year on year, producer prices rose by 0.6% in manufacturing as a

Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index for the summer months exceeded the 5% mark every month compared with the previous year, reaching 6.1% in August. According to Veski, the last time the year-on-year change in the consumer price index was higher was in July 2023, when it stood at 6.4%. “Compared with August last year, the rise in the consumer price index was primarily driven by food prices, which were up by 9.2%. Coffee, chocolate, and fruits and berries saw the highest price increases,” Veski noted. Compared with July