Producer Price Index, Q2 2020

  • 04/09/2020

The Kosovo Agency of Statistics (KAS) has published the Producer Price Index in the second quarter of 2020 (Q2 2020).

Total producer price index in Kosovo decreased by (-1.2%) between Q1 2020 and Q2 2020. The largest decrease by branches of economic activities is observed in: metal ore extraction (-28.5%); manufacture of metal (-2.6%); electricity, gas, steam and air conditioning supply (-1.8%); production of beverages (-1.3%); food processing (-0.8%); manufacture of fabricated metal products, except machinery and equipment (-0.7%); and non-metallic mineral products (-0.2%).

The decrease was counteracted by the increase of prices of: manufacture of motor vehicles (transport), trailers and semi-trailers (6.0%); manufacture of wood and articles thereof and cork, other than furniture: manufacture of articles of straw and plaiting materials (3.3%); manufacture of chemical products (1.1%); manufacture of leather and articles thereof (0.7%); ores and other quarries (0.5%); manufacture of rubber and articles thereof (0.2%); and manufacture of furniture (0.1%).

Meanwhile, compared the Q2 2020 and Q2 2019, producer prices decreased by an average of (-1.5%). Larger decreases, according to the branches of economic activities, are observed in: extraction of metal ore (-39.1%); manufacture of non-metallic mineral products (-6.0%); manufacture of machinery and equipment p.k.t. (-4.8%); manufacture of metal (-4.7%); beverage production (-3.3%); manufacture of furniture (-1.4%); manufacture of rubber and plastic products (-1.1%); electricity, gas, steam and air conditioning supply (-1.0%); food processing (-0.8%); and manufacture of paper and articles thereof (-0.2%).

 The decrease was counteracted by the increase of prices of: leather and leather products (7.7%); motor vehicles (transport), trailers and semi-trailers (7.5%); manufacture of wood and articles thereof and cork, other than furniture: manufacture of articles of straw and plaiting materials (4.4%); manufacture of chemical products (3.7%); manufacture of fabricated metal products, except machinery and equipment (1.8%); manufacture of electrical equipment (1.0%); and other ores and quarries (0.9%).