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

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

Dismiss