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Producer prices in industry

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National Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Statistics Estonia

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Producer Price Index of Industrial Output

2 June 2025

Producer price index of industrial output expresses the development in the producer prices of goods manufactured in Estonia. Producer price index of industrial output includes both goods manufactured for domestic market and for non-domestic market.

The objective of the output price index is to measure the monthly development of transaction prices of economic activities. The prices collected does not include VAT.

Reporting unit is enterprise. Observation unit is transaction (kind of activity unit - KAU).

The population covers products (and some services) produced by enterprises in Estonia within sectors described in 3.3. Coverage - sector and sold to domestic market or for exports.

A sample is drawn from a list of active industrial enterprises from business register for statistical purposes.

The whole country is covered.

Month

The type of survey and the data collection methods ensure sufficient coverage and timeliness.

Purposive sampling is used; i.e. enterprises are chosen with a record of stable production and sales activity and large share of production on the domestic market and export. Sample size is 550 units.

The weight system t-2 (weighting patterns, sample of respondents and basket of goods) and base prices Dec t-1 for calculations are updated every year. The representativeness is ensured.

Data for the last three months may be adjusted. The data are considered final after three months following the reference month.

Index

The (chain) Laspeyres formula is used. Based on available information, the last observed price is carried forward or this is imputed by observing the movement in the index for similar products or product groups.

The weights are derived from the sales data obtained from the annual surveys "PRODCOM" and "Foreign Trade" conducted by Statistics's Estonia. Purposive sampling; i.e. enterprises are chosen with a record of stable production and sales activity and large share of production on the domestic market and export. Prices are mainly collected by web based questionnaire. About 1900 price quotations are collected per month.

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.

Data for the last three months may be adjusted. The data are considered final after three months following the reference month.

The data are comparable from country to another. However, the countries may apply different collection and calculation methods for the data. No geographical regions, Estonia as a whole.

The data are comparable across time.