Producer prices in Albania decreased 0.3 percent year-on-year in the second quarter of 2019, following a 0.2 percent fall in the previous period. Cost fell further for both manufacturing (-1.1 percent vs -0.7 percent in Q1) and mining & quarrying. Meantime, prices slowed for water supply, treatment activities and waste management (0.5 percent vs 0.7 percent) while cost rebounded for electricity, gas, steam and air conditioning (0.4 percent vs -0.1 percent). On a quarterly basis, producer prices edged up 0.1 percent, after a 0.2 percent decline in the previous three-month period. Producer Prices Change in Albania averaged 0.95 percent from 2006 until 2019, reaching an all time high of 6.69 percent in the fourth quarter of 2007 and a record low of -4.04 percent in the first quarter of 2016.
Producer Prices Change in Albania is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Albania to stand at 2.00 in 12 months time. In the long-term, the Albania Producer Prices Change is projected to trend around 2.10 percent in 2020, according to our econometric models.