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Albania's EU-Harmonized Consumer Prices Accelerate in August

Figures

Photo by Zysko Sergii/Shutterstock.com

Albania's annual harmonized index of consumer prices (HICP) advanced by 7.7% in August, after increasing 7.2% in July, the Tirana-based Institute of Statistics (Instat) said on Wednesday.

The strongest upward push on annual inflation in August came from a 14.4% rise in the harmonized index of the transport group, followed by food and non-alcoholic beverages with a 13.3% rise and alcoholic beverages and tobacco with a 5.5% increase.

On a monthly comparison basis, HICP edged up 0.7% in August, after increasing 0.6% in July.

Albania's non-harmonized consumer price inflation increased by 8% year-on-year in August, after rising by 7.5% the previous month, the statistics institute said earlier this month.

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