Kosovo Producer Prices Change

Producer prices in Kosovo increased 1.8 percent year-on-year in the first quarter of 2019, following a 1.3 percent rise in the previous quarter. Prices advanced faster for non-metallic mineral products (6.0 percent vs 5.8 percent in Q4); food (5.7 percent vs 3.8 percent); furniture production (4.2 percent vs 3.9 percent); electricity, gas, steam & air conditioning supply (2.4 percent vs 0.1 percent) and for rubber & plastic products (1.3 percent vs 1.1 percent). On the other hand, cost slowed for machinery & equipment (4.6 percent vs 5.8 percent) and metal production (1.2 percent vs 4.2 percent) while metal mining continued to fall (-16 percent vs -10.3 percent). Compared to the previous quarter, producer prices declined 0.4 percent, after a 1 percent gain in the fourth quarter of 2018.

Producer prices in Kosovo increased 1.3% year-on-year in the fourth quarter of 2018, following a 2.3% rise in the previous quarter. It was the lowest producer inflation since the first quarter of 2018, as cost slowed for manufacture of metals (4.2% from 14.6%); manufacture of machinery and equipment (5.8% from 7.3% in third quarter) and for manufacture of motor vehicles (transport), trailers and semi-trailers (3.2% from 3.3%). Additionally, prices shrank for manufacture of electrical equipment (-6.9% from 6%) and fell less for metal ore extraction (-10.3% from -11.1% ) and for manufacture of chemical products (-2.5% from -3.1%). On the other hand, cost rose at a faster pace for non-metallic mineral products (5.8% from 5.5%), manufacture of furniture (3.9% from 2.2%), production of food products (3.8% from 1.3%) and for manufacture of beverages (3.8% from 1.3%). Compared to the previous quarter, producer prices went up 0.1%, after a 1% gain in the third quarter of 2018.