Albania Inflation Rate Edges up in September

Figures

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Albania's annual inflation rate rose to 4.1% in September, from 4.0% in the previous month, the Institute of Statistics (Instat) in Tirana said in a statement.

Prices accelerated for; food & non-alcoholic beverages by 7.9% (vs 7.8% in August), healthcare by 1.4% (vs 1.3%), recreation & culture by 4.9% (vs 3.9%) and education by 2.3% (vs 2.2%).

Also, transport costs declined at a softer pace of 7.2% (vs -10%).

Conversely, prices slowed down for; alcoholic beverages & tobacco (3% vs 3.2%), clothing & footwear (3.2% vs 4.4%), housing utilities (2.1% vs 2.3%), furniture, household & maintenance (5.4% vs 5.9%), hotels, coffee-houses & restaurants (4.7% vs 5%) and miscellaneous goods & services (3.1% vs 3.7%).

On a monthly comparison basis, consumer prices rose 0.7% in September, following a 0.6% uptick in August.

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