Import Price Index, Q2 2016
Kosovo Agency of Statistics (KAS) has issued "Import Price Index" (IPI) for the second quarter (Q2) 2016. The total price index for imports in Kosovo increased by 0.7% in Q2 2016 compared to Q1 2016.
Compared to Q2 2015 import prices decreased by an average of -3.9%.
Import prices in Kosovo increased by an average of 0.7% in Q2 2016 compared to Q1 2016. The largest increases in prices by sectors was to: mineral products (5.8%); live animals and animal products (3.2%); base metals and articles thereof (1.9%); prepared foodstuffs, beverages and tobacco (0.8%); paper and articles thereof (0.5%); wood and articles thereof (0.2%); and leather and articles thereof (0.1%).
The increase was counteracted mainly by decreases by sectors: vegetable products (-3.7%); edible oil
(-3.5%); textile and textile articles (-3.4%); plastics, rubber and articles thereof (-1.6%); footwear (-1.4%); miscellaneous manufactured articles (-0.7%); optical, photographic, measuring, medical, and musical instruments and timepieces (-0.5%); machinery and electrical equipment (-0.4%); and chemical products industry (-0.4%).
Meanwhile, in Q2 2016 compared to Q2 2015, import prices in Kosovo decreased on average (-3.9%). The largest decreases by sectors were: mineral products (-17.3%); base metals and articles thereof
(-7.0%); live animals and animal products (-5.7%); textile and articles thereof (-3.6%); machinery and electrical equipment (-2.4%); articles of stone, plaster, ceramic products and glass (-1.3%); means of transportation (-0.4%); optical, photographic, measuring, medical and musical instruments and timepieces (-0.3%); and miscellaneous manufactured articles (-0.2%).
The decline was offset mainly by the increase in prices by sectors: edible oil (7.9%); vegetable products (4.7%); wood and wood articles (3.1%); products of chemical industries (1.2%); footwear (0.6%); prepared foodstuffs, beverages and tobacco (0.4%); plastics, rubber and articles thereof (0.1%); and paper and articles thereof (0.1%).
For more information on the Import Price Index (IMPI) for Q2 2016 visit: http://ask.rks-gov.net/sq/