Bosnia’s Federation PPI drops 1.7% y/y in March 2014

By bne IntelliNews April 16, 2014

Bosnia’s Federation industrial producer price index (PPI) on the domestic market went down 1.7% y/y in March 2014, improving from a 1.9% y/y drop in February, mainly due to a smaller decline of manufacturing costs, the entity’s statistics office reported on April 15.

In monthly terms, the PPI edged down 0.4% in March after a 0.2% m/m drop in February.

Manufacturing producer price deflation narrowed to 2% y/y in March from 2.5% y/y the month before. The reading was dragged down by falling costs of basic metals, coke and refined petroleum products, food, chemicals and fabricated metal products. On the other hand, rising pharmaceuticals, textiles, wood, leather, beverages and electrical equipment producer charges pushed the index up.

Mining and quarrying prices fell for the seventh straight month in March, going down 0.9% y/y and following a 0.6% y/y contraction in February on falling coal and lignite and other mining and quarrying extraction charges.

Utilities prices declined 1.1% y/y in March after shrinking 1.0% y/y in February. Water supply and sewerage charges went down 4.7% y/y in March, deteriorating from a 1.9% y/y drop the month before.

The broader PPI, including export sales, fell 2.5% y/y in March after declining 3.3% y/y in February.

Related Articles

World Bank loan aims to revitalise Republika Srpska's little-used railways

The World Bank said it is lending $51.3mn to Bosnia & Herzegovina’s smaller entity, Republika Srpska, ... more

Bosnia’s constitutional court allows policemen to keep their beards

The constitutional court of Bosnia & Herzegovina ruled on November 30 that a regulation obliging border policemen to shave their beards violates their ... more

Former Bosnian Croat military leader dies after taking poison in war crimes hearing

A former Bosnian Croat leader who has been sentenced to 20 years in jail by the war crimes tribunal at The Hague is reported to have died after ... more