Albania’s producer prices picked up by 0.2% y/y in the first quarter of 2013, slightly faster than the 0.1% y/y rise in the previous quarter, the state statistics institute, INSTAT, informed.
Producer prices in the mining sector increased by 1.5% y/y, which was due to a 4.6% y/y rise in the mining of metal ores. Electricity prices picked up 0.1% y/y. Prices in the manufacturing sector, which has the greatest weight of 68.2% in the overall index (PPI), witnessed a 0.1% y/y growth. Within the category, prices of food products, beverages and tobacco advanced by 1.2% y/y.
PPI in the coke, refined petroleum products and nuclear fuel manufacturing registered a marginal 0.1% y/y rise in the period.
On the other hand, prices in other non - metallic mineral products as well as basic metals and fabricated metal products, which also has a relatively large weight in the index, witnessed declines of 1.4% and 1.3%, respectively in Q1 2013.
|Producer Price Index, % change|
|Mining and quarrying||0.7||0.8||-1.1||0.6||1.5||0.4|
|Electricity, gas and water supply||0.2||0.1||0.4||0.4||0.1||0.4|
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