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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
EstoniaEstonia Producer Price Index YoY climbed to 1.8% in April 2026
FMPMonthlyReleased May 2026
Estonia Producer Price Index YoY climbed to 1.8% in April 2026, released May 2026, up 1.1% from March's 0.7% reading. The print exceeded the 0.7% consensus by 1.1%. The print is running well above the 12-month average of 0.34%. Over the past 3 months, Producer Price Index YoY averaged 1.93%, vs 0.3% in the prior 3-month window. The reading is in the 77th percentile of the trailing 24-month range.
Latest Release
1.8
Actual
0.7
Consensus
0.7
Previous
Median Absolute Error
±1.21 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 1.5
Actual: 1.8
Error: -0.3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.67 | FOREX | Bearish GBP | → View |
| EUR/USD | ▼ Inverse | −0.51 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Estonia) was reported at 1.8% in May 2026. This beat the market consensus of 0.7% by 1.1%. The reading rose from the previous value of 0.7%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.35%, ranging from -2.2% to 4.3% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 2.3%, up from the prior three at 0.4%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 1.21%.
WHAT TO WATCH NEXT
The next release is scheduled for June 22, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - EE
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About Producer Price Index YoY — Estonia
DEFINITION
Estonia's Producer Price Index YoY rose to 1.8% in May, beating the 0.7% estimate and previous April's 0.7%. This marks a significant acceleration from April's level, indicating stronger inflationary pressures in producer prices. Market participants will watch upcoming inflation data closely as the central bank maintains a cautious stance. Updated 5/20/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 1.8 %, consensus 0.7 %. Prior reading (Mar 2026): 0.7 %. Before that (Feb 2026): 0.8 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with GBP/USD (Bearish GBP, r=-0.67) — a useful reference for forex-focused traders.