In Estonia, the Producer Price Index (PPI) MoM measures the average change in prices received by domestic producers for their output compared with the previous month. This indicator reflects the pricing dynamics in the manufacturing sector and can provide insight into inflationary pressures before they reach consumers, making it relevant for economic analysis and financial markets.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.