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.

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