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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
KosovoKosovo PPI YoY fell to 0.6 in October 2022
FMPMonthlyReleased March 2023
Kosovo PPI YoY fell to 0.6 in October 2022, released March 2023, down 16.6 from September's 17.2 reading. The print came in cooler than the 12.0 consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 8.31. PPI YoY is now the lowest in 18 months.
Latest Release
0.6
Actual
12
Consensus
17.2
Previous
Median Absolute Error
±2.45
across last 6 releases
Last Call
Mar 2023
Predicted: 15.35
Actual: 0.6
Error: +14.75
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
PPI YoY (Kosovo) was reported at 0.60 in March 2023. This missed the market consensus of 12.00 by 11.40. The reading fell from the previous value of 17.20.
WHY IT MATTERS
The trailing three releases averaged 9.27, up from the prior three at 7.93.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 6 releases, the Sigmacast model's median absolute error is 2.45.
Auto-generated from current model state · Refreshes on each release · Last update March 2023.
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PPI YoY - XK
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About PPI YoY — Kosovo
DEFINITION
PPI YoY stands for Producer Price Index Year-over-Year and is a key economic indicator used to measure the average change in prices received by domestic producers for their goods and services over a 12-month period. It is often used as a gauge of inflationary pressures in the economy and can provide valuable insights into the overall health of the manufacturing sector. PPI YoY is closely monitored by investors, policymakers, and businesses to make informed decisions about pricing strategies, production levels, and monetary policy.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2022): actual 0.6, consensus 12. Prior reading (Jul 2022): 17.2. Before that (Apr 2022): 10.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.