Estonia: producer price index up in May 2020

In May, the producer price index of industrial output increased by 0.1% MoM, but decreased by 3.9% YoY, Statistics Estonia (Statistikaamet) reported. Compared to April, the export price index increased by 0.4%. The prices of electricity, chemical products and beverages increased the most, while the prices of parts and accessories for motor vehicles, textile products…

Estonia: over EUR 5 billion to be borrowed

The Estonian state needs an estimated EUR 3.87 billion for 2020 and a further EUR 1.2 billion for 2021, the treasury (Riigikassa) has announced, following an outline of changes on how the state’s cash-flow will be managed going forward and in the wake of the coronavirus pandemic and its economic fallout. The debt requirements of…