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

Bosnian Serbs defy Constitutional Court ban to celebrate statehood day

Bosnian Serbs marked the anniversary of their autonomous region’s statehood on January 9 in defiance of a Constitutional Court ban.  On January 9, 1992 when Bosnian Serb leaders declared ... more

Orban’s new illiberal axis

Amid the furore over Hungarian Prime Minister Viktor Orban’s visit to Tbilisi immediately after the allegedly stolen October 26 general election, a visit by the country’s President Tamas ... more

EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses

The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more

Dismiss
liveChat() ?>