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             

Related Articles

Albania’s central bank to issue new high-denomination banknote

The Albania’s central bank has announced it will issue a new ALL10,000 (€74.9) banknote. The new ALL10,000 banknote will have the highest value issued so far, as the current biggest value ... more

Citizens to get "same information as MPs" as Albania launches new e-governance app

Albanian Prime Minister Edi Rama presented a new online platform for co-governance with citizens entitled “Albania We Want” on October 28. Ensuring functional and responsible ... more

Albania's Balfin Group to invest over €300mn in real estate project in Macedonia

Albania’s Balfin Group said it will invest over €300mn to build a commercial-residential complex in the Macedonian capital Skopje. Balfin Group is one of the largest regional companies, with a ... more

Dismiss