Producer prices in Albania decreased 1.6 percent year-on-year in the third quarter of 2019, following a 0.3 percent fall in the previous period. Cost continued to fall for manufacturing (-1.2 percent vs -1.1 percent in Q2) and mining & quarrying (-8.5 percent vs -0.4 percent) while electricity, gas, steam and air conditioning cost came flat (vs 0.4 percent). On a quarterly basis, producer prices decreased 0.8 percent, after a 0.1 percent rise in the previous three-month period.
Producer Prices Change in Albania averaged 0.90 percent from 2006 until 2019, reaching an all time high of 6.69 percent in the fourth quarter of 2007 and a record low of -4.04 percent in the first quarter of 2016. This page provides the latest reported value for - Albania Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Instituti i Statistikave (INSTAT)
Producer Prices Change in Albania is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Albania to stand at 2.30 in 12 months time. In the long-term, the Albania Producer Prices Change is projected to trend around 2.10 percent in 2020, according to our econometric models.