Estonia - Producer Price Index (PPI)

For Estonia, the producer price index of industrial output expresses the development in the producer prices of goods manufactured in the country. It includes both goods manufactured for the domestic and non-domestic (export) markets. Monthly from 1994.

Active:

• Classification:
  • Taxonomy: EMTAK 2008, the local adaptation of NACE Rev. 2
  • Scope: Sections B to E36
• Measurement: Fixed-base index relative to 2010 (Index 2010=100)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Monthly
• Start dates: 2002m1, 2004m1

Predecessor(s):

• 2010=100 - 2002m1 to 2018m12 ("_18")
• 1995=100 - 1997m1 to 2009m7 ("95")

Global concept alias(es):

• PPI

The source writes:

Since 2002 Statistics Estonia updates the weights system of the producer price index of industrial output and base prices for calculation every year. In the current year  (t) the base prices for the calculation of the producer price index were the prices of the last year (t-1) December. The weights system corresponds to the industrial sales structure of enterprises in the year t-2. The data are published on the base 2010 = 100. December of the last year (t-1) was the linking month.

The producer price index of industrial output is published monthly on the 20th day of the month following the end of the reference month or on the next business day.

The annual index has been calculated as the average of 12 months.

Estonian Classification of Economic Activities (EMTAK 2008)

EMTAK 2008 is available on the web site of Statistics Estonia http://www.stat.ee/en under the heading “Metadata”.

Moody's Analytics supplements

For the general index, we back-extend (1994m1 to 2001m12) and construct a seasonally adjusted counterpart.

The data are generally considered final when first released. However, data for the previous three months are occasionally revised.

Further reading

At the source:

• IA039: PRODUCER PRICE INDEX OF INDUSTRIAL OUTPUT, 2010 = 100 (MONTHS)
• ESMS metadata: Producer price index of industrial output

At Eurostat:

• Statistics Explained: Industrial producer price index overview

At IMF (SDDS Plus):

• Price index: Producer prices (Jan 2025)

• Sep 2005 - Initial version.
• Apr 2012 - Reclassified to NACE Rev. 2, rebased to 2010.
• Oct 2012 - Back-extension and SA addendum.
• 10 Mar 2025, Phillip Thorne - Properties, Moody's Analytics supplements, Further reading.