Albanias PPI rises 2.5% y/y in Q1 2012.

By bne IntelliNews June 8, 2012
Albanias producer prices grew by an annual 2.5% in Q1 2012, speeding up from 2.1% y/y in the previous quarter, the state statistics institute, INSTAT, said. The manufacturing sector, which has the greatest weight of 70.7% in the producer price index (PPI), contributed the most to the overall growth. Manufacturing prices were 3.8% higher on the year, pushed up by an 11.6% y/y growth in the coke and refined petroleum products segment. In addition, the PPI in basic metals and fabricated metal products manufacturing advanced by3.6% on the year, also contributing to the overall increase. Producer prices in the mining sector increased by 0.7% y/y, which was due to a 4% y/y increase in the extraction costs of crude petroleum and natural gas. Electricity prices inched up by 0.2% y/y, after staying flat in the previous two quarters.
Producer Price Index, % change
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q1/12
y/y y/y y/y y/y y/y q/q
Total 3.1 3.3 2.2 2.1 2.5 1.5
Mining and quarrying 4.9 4.2 6.5 2.1 0.7 1.7
Manufacturing 3.6 4.4 2.6 3.3 3.8 1.8
Electricity, gas and water supply 0.8 0.2 0.0 0.0 0.2 0.2
Source: INSTAT

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