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The producer price index of industrial output expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for exports. Statistics Estonia updates the weights system of the producer price index of industrial output and the base prices used for its calculation every year. The weights system corresponds to the industrial sales structure of enterprises in the year before the last. The base prices used for the calculation of the producer price index are prices of December of the last year. Last year’s December is the linking month. The annual

Industry is the largest sector of the economy and an important driver of economic growth. Industrial enterprises create many jobs and provide opportunities for other types of business as well. Industry is a sector of the economy which covers mining and processing natural resources; energy production and manufacture of equipment, machinery and products; processing of agricultural products; processing of manufactured products. Statistics Estonia collects and publishes economic indicators for three industrial activities – mining, energy production and manufacturing. The mining industry involves