toorainehinnad

Toorainehinnad is an Estonian term meaning prices of intermediate goods. These are the prices charged for inputs used in the production of other goods and services, rather than prices of final consumer products. The category typically includes raw materials, semi-finished products, energy, packaging, and certain related services that manufacturers rely on in the course of production. They are distinct from tarbijahinnad (consumer prices) and from prices of finished goods.

Prices for intermediate goods reflect factors such as global commodity markets, exchange rates, energy costs, supply-chain conditions, and industry-specific dynamics. Movements in toorainehinnad influence production costs and can be partially or fully passed on to consumers, thereby contributing to inflation and informing monetary policy decisions. They are often monitored by businesses to assess input cost trends and by economists to separate cost-push pressures from demand-driven price changes.

Measurement and use: statistical agencies collect data on prices of selected intermediate goods at regular intervals and compile price indices that track changes over time. These indices are typically base-year normalized and may include quality adjustments. Analysts use them to estimate cost pressures across sectors, evaluate competitiveness, and contribute to the broader Producer Price Index framework.

In Estonia and within the European statistical system, tooraine hinnad are published as part of producer price statistics. The concept helps distinguish input cost movements from consumer demand dynamics and is a standard element in economic analyses of inflation, production costs, and economic competitiveness.