Estonia Producer Prices at 10-Month High

Estonian producer prices rose by 4.3% year-on-year in January 2026, rebounding from a 0.5% drop in the previous month. This marked the highest level since March 2025, as costs grew in the manufacturing sector by 0.4% after stalling in December 2025, supported by higher prices in the manufacture of food products (1.3% vs 0.9%), beverages (2.3% vs -1%), and wood and wood products (6.1% vs 4%). At the same time, costs rebounded sharply for electricity, gas, steam, and air-conditioning supply (44.3% vs -8.2%), while prices remained steady for water supply, sewerage, waste management, and remediation activities (1.8%). In contrast, price growth slowed in mining and quarrying (1.6% vs 2.6%). On a monthly basis, producer prices jumped 5.7% in January, recovering from a 1.1% decline in the preceding period.