Kosovo Agency of Statistics (KAS) has published the Import Price Index for the second quarter of 2017 (Q2 2017).

The total import price index in Kosovo declined for (-0.3%) in Q2 2017, compared to Q1 2017. The biggest drops in prices by sectors were: mineral products (-7.0%); footwear (-2.3%); leather and articles thereof (-2.2%); livestock and livestock products (-1.7%); various manufactured items (-1.1%); machinery and electrical equipment (-0.6%); prepared foodstuffs, beverages and tobacco (-0.3%); and chemical industry products (-0.1%).

The decline was neutralized mainly by rising prices by sectors of: plant products (3.6%); base metals and articles thereof (3.2%); textiles and articles thereof (2.1%); articles of stone, mortar, ceramic and glass products (1.6%); nutritional oils (1.6%); optical, photographic, measuring, medical and musical instruments and clock mechanisms (1.0%); means of transport (0.8%); wood and articles thereof (0.7%); plastics, rubbers and articles thereof (0.4%); and paper and articles thereof (0.3%).

Meanwhile, compared Q2 2017 with Q2 2016, import prices rose to an average of 4.1%. Largest increase by sector were in: plant products (14.5%); mineral products (10.4%); base metals and articles thereof (10.4%); optical, photographic, measuring, medical and musical instruments, as well as clock mechanisms (5.6%); leather and articles thereof (5.4%); live animals and their products (4.1%); textiles and articles thereof (3.6%); articles of stone, mortar, ceramic and glass products (2.8%); wood and articles thereof (2.6%); plastics, rubbers and articles thereof (2.3%); nutritional oils (1.8%); various manufactured articles (1.3%); means of transport (0.6%); machinery and electrical equipment (0.4%); and prepared foodstuffs, beverages and tobacco (0.1%).

The rise was counteracted mainly by the drop in prices by sectors of: footwear (-5.1%); paper and articles thereof (-4.8%); and chemical industry products (-0.6%).

For more information on the Import Price Index Q2 2017, visit: http://ask.rks-gov.net/en/kosovo-agency-of-statistics/add-news/indeksi-i-cmimeve-te-importit-icimp-tm2-2017