FX.co ★ Estonia Producer Inflation Edges Down in March

Estonia’s producer prices increased by 0.7% year-on-year in March 2026, slightly easing from a 0.8% rise in February. Prices in electricity, gas, steam, and air conditioning tumbled by 20.1%, reversing a 1.8% increase in the previous month. In contrast, costs in mining and quarrying accelerated sharply, rising 7.7% compared with 1.4% in February. Manufacturing inflation also strengthened, moving to 2.3% from zero, supported by higher prices for beverages, wearing apparel, wood and wood products, paper and paper products, coke and refined petroleum products, basic pharmaceutical products and pharmaceutical preparations, as well as machinery and equipment n.e.c. Inflation in water supply, sewerage, waste management, and remediation activities held steady at 4.1%, unchanged from February. On a monthly basis, producer prices fell by 3.6%, deepening from a 0.1% decline in the previous month.