Albania’s producer price index edges up 0.1% y/y in Q4 2013.

By bne IntelliNews March 6, 2014

Albania’s producer prices picked up by 0.1% y/y in the fourth quarter of 2013, the state statistics institute, INSTAT, informed. The annual growth rate remained unchanged from the previous quarter.

Prices in the manufacturing sector, which has the greatest weight of 68.2% in the overall index (PPI), saw a 0.2% y/y rise. Within the category, prices of coke, refined petroleum products and nuclear fuel edged up by 0.1% y/y, while basic metals and fabricated metal products witnessed a 2.5% y/y drop in Q4 2013.

By contrast, electricity prices dropped by 0.1% y/y. Producer prices in the mining sector decreased by 1.1% y/y, which was due to a 1.3% y/y decline in extraction of crude petroleum and natural gas.

Producer Price Index, % change           
   Q4/12 Q1/13 Q2/13 Q3/13 Q4/13 Q4/13
   y/y y/y y/y y/y y/y q/q
Total  0.1 0.2 -0.5 0.1 0,1 0,3
Mining and quarrying  0.6 1.5 -0.5 -1.5 -1.1 1.0
Manufacturing  -0.1 0.1 -0.6 0.2 0.2 0.4
Electricity, gas and water supply  0.4 0.1 0.4 0.1 -0.1 -0.2
Source: INSTAT             

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