Estonia’s producer price index (PPI) swung strongly back into positive territory in January 2026, rising 5.7% month-over-month, according to data updated on 27 February 2026. This marks a sharp reversal from December 2025, when producer prices had fallen by 1.1% compared with November.
The latest figure highlights a significant month-on-month turnaround in price dynamics at the factory gate. On a month-over-month basis, the previous reading captured a decline in December relative to November, while the January reading reflects a strong increase compared with December. Investors and policymakers will now be watching closely to see whether January’s surge in producer prices signals the start of a sustained upward trend in Estonia’s industrial price environment or a short-term adjustment following the prior month’s drop.