Bosnia’s PPI drops 3.6% y/y in Sept 2013

By bne IntelliNews October 28, 2013

Bosnia’s producer price index (PPI) on the domestic market fell 3.6% y/y in September 2013 after dropping 3.3% y/y the month before, as producer costs declined in all sectors (manufacturing, mining and quarrying and utilities), data from the country’s statistics office showed.

In monthly terms, the PPI edged down 0.3% in September following a 0.2% m/m contraction in August.

Manufacturing producer prices deflation deepened to 3.4% y/y in September from 0.4% y/y a month earlier. The reading was dragged down by falling prices of basic metals, coke and refined petroleum products, tobacco, food, fabricated metal products, wood and wearing apparel.

Prices in the mining and quarrying sector swung into a 0.1% annual drop in September from a 0.5% y/y hike in August due to falling coal and lignite extraction and other mining and quarrying costs.

Utilities' charges contracted 5.3% y/y in September, the same as in the previous month. Producer prices in the water supply, sewerage and waste management sector, likewise, remained in the red, shrinking 0.6% y/y in September, despite narrowing from a 1.4% y/y contraction in August.

Bosnia’s total producer price index, including export sales, rose 3.0% y/y in September after falling 2.4% y/y the month before.

Related Articles

Bosnia officially joins Transport Community, unlocking €250mn in EU funding

Bosnia & Herzegovina has formally joined the Transport Community, unlocking more than €250mn EU funding for projects in the country. The European Union and five Western Balkan partners ... more

Bosnia risks losing access to external funding after IMF deal derailed, S&P warns

Standard & Poor’s has affirmed Bosnia & Herzegovina’s B/B foreign and local currency ratings and its stable outlook, but warned that divisive politics are delaying ... more

Bosnia's Sarajevo bourse joins regional SEE Link platform

The second of Bosnia & Herzegovina's two bourses - the Sarajevo Stock Exchange (SASE) - has enabled trading of securities on the markets of Southeast Europe, becoming an active member of the SEE ... more