March industrial producer price index up 3.1 percent on year ({{commentsTotal}})

Production at an Ericsson factory in Estonia. Photo is illustrative.
Production at an Ericsson factory in Estonia. Photo is illustrative. Source: (Postimees/Scanpix)

According to a Thursday release by Statistics Estonia, the producer price index of industrial output in March remained unchanged compared to February and increased by 3.1 percent year over year.

Compared to the previous month, the producer price index in March was affected more than average by an increase in prices in the manufacture of electronic equipment and metal products, but also by a decrease in prices in electricity, gas, steam and air conditioning supply and in the manufacture of chemicals and fuel oils.

Compared to March 2016, the index was affected more than average by an increase in prices in the manufacture of fuel oils, food products, electronic equipment and wood products, but also by a decrease in prices in mining and quarrying as well as in the manufacture of parts and accessories for motor vehicles.

Editor: Aili Vahtla



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