Albania’s HICP accelerates in April
Graphic by Ink Drop / Shutterstock.com
Albania’s EU harmonized index of consumer prices (HICP) increased by 2.3% year-on- year in April, after adding 2.1% in the previous month, the Tirana-based Institute of Statistics (Instat) says.
Graphic by Ink Drop / Shutterstock.com
The strongest upward push on the annual inflation in April came from a 5.7% rise of food and non-alcoholic beverages, followed by the recreation and culture group with a 3.5% increase, Instat said on May 20.
In addition, costs for alcoholic beverages and tobacco added 1% and the same for transport grow by 0.6%.
On a monthly comparison basis, HICP decreased by 0.6% in April, after adding 0.8% in the previous month.
Albania’s non-harmonized consumer price inflation slowed down to an annual 1.9% in April, from 2.1% the previous month, Instat reported earlier this month.
ADVERTISEMENT
MNB Decides on Technical Changes to Mandatory Reserve System
Parl't Approves Amendments to Legislation on Judiciary
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.
