Import Price Index (IPI), Q2 2017
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