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/