Albania inflation rate rises in October

Figures

Graphic by Ink Drop / Shutterstock.com

The annual inflation rate in Albania rose to 2% in October from 1.5% in the previous month, figures from the Tirana-based Institute of Statistics (Instat) show. 

Graphic by Ink Drop / Shutterstock.com

Prices increased further for food & non-alcoholic beverages by 4.9% and for furniture & household goods by 1.5%. Additionally, cost of transport fell by 4.3%.

On the other hand, inflation was steady for housing & utilities at 1.5%, miscellaneous goods at 0.9% and communication at 0.5%.

Also, cost of alcoholic beverages & tobacco slowed by 0.3%, while prices of clothing & footwear declined 0.8%. On a monthly basis, consumer prices went up 0.2%, easing from a 0.4% in the prior month.

ADVERTISEMENT

Millennium Gardens Opens with Over 90% Occupancy of Phase I Analysis

Millennium Gardens Opens with Over 90% Occupancy of Phase I

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.