TIRANA, Sept. 7/ATA/ In the second quarter of 2021, the production cost increased as the price of manufacturing products increased by 1.6%, compared to the second quarter of 2020, the Albanian Institute of Statistics-INSTAT reported on Tuesday.
According to the report published today by INSTAT, product prices increased by 0.3% compared to the first quarter of 2021.
The largest price increase of 14.4% is observed in the extractive industry, followed by the group “electricity, gas, steam and air conditioning” by 1.5%, water supply, waste treatment and management activities , waste ”by 0.5%.
Producer price of industrial products increased by 0.1%. Within this section, the largest increase in prices is observed in the coke processing activity and the refinery of petroleum by-products by 4.5%.
On the other hand, the largest decrease in prices is observed in the paper production and the paper by-products by 2.3%.
Domestic producer prices increased by 1.4%. The largest increase in prices is observed in the extractive industry by 10.2%, followed by the processing industry by 0.8%.
While the production prices of products for export marked an increase of 4%. The largest price increase of 26.4% was recorded in the extractive industry. On the other hand, the processing industry marked a decrease of 1.1%. //a.i/
