Kosovo's PPI inflation slows down to 4.9% y/y in Q2 2013

By bne IntelliNews September 20, 2013

Kosovo’s PPI inflation decelerated to 4.9% y/y in the second quarter of 2013 from 8.3% y/y in the first three months of the year, statistics office data showed.

Prices of output in the extraction of coal lignite increased the most in Q2 - up 37.5% y/y, followed by the extraction of minerals where prices climbed 27.4% y/y. In addition, electricity, gas, steam and water supply was 2.9% more expensive than a year earlier.

Meanwhile, prices in the metal industry declined 10.9% y/y in Apr-June, pushing down the prices of metal products (machinery excluded) by 7.1%. Output in the clothing industry was 6.6% cheaper than a year earlier and prices of chemical products fell 6% y/y.

In quarterly terms, the producer prince index fell 1.8% in Q2 2013 after rising 3.8% the previous quarter.

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Haradinaj reportedly musters support to form Kosovo’s new government

Ramush Haradinaj, the prime ministerial candidate of the coalition that won Kosovo's June 11 early general elections, is believed to have mustered the support of 62 lawmakers in the new 120-seat ... more

Rival party leaders in Kosovo rebuff Haradinaj's invitation to coalition talks

Ramush Haradinaj, the prime ministerial candidate of the coalition that won the June 11 early general elections, has sent letters to the other two main formations in the new parliament, asking for a ... more

Dismiss