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Albaniaʼs EU-harmonized inflation rises in October

Albaniaʼs harmonized index of consumer prices (HICP) increased by 2.9% on the year in October, after rising by 2.3% a month earlier, data from the Tirana-based Institute of Statistics (Instat) showed on Wednesday. 

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The highest annual price increase was observed of food and non-alcoholic beverages by 6.6%, followed by a 3.4% rise in transport. On a monthly comparison basis, HICP added 0.3% in October, after rising by 0.5% in the previous month.

Albaniaʼs non-harmonized index of consumer prices accelerated to 2.3% year-on-year in October, from 1.5% in September, Instat said earlier this month.