FX.co ★ Estonian Producer Price Index Shows Improvement in March 2024

In March 2024, Estonia's Producer Price Index (PPI) displayed a positive development, marking a decrease of 0.4% compared to the previous month, when it had declined by 2.6% in February 2024. The latest data, updated on 22 April 2024, indicates a shift in the country's economic landscape. The Month-over-Month comparison reveals a notable improvement in the Estonian PPI, reflecting potential changes in the domestic production costs and overall economic conditions within the country. This shift in the PPI could have varying impacts on businesses within Estonia, influencing pricing strategies and potentially affecting consumer behavior in the months to come.