The Price of Bread Changed

The Price of Bread Changed

The Kosovo Statistics Agency (ASK) has published “Harmonyd Consumption Prices” (IHÇK) for September 2017 The overall harmonised consumer prices index in the country is higher by 0.1% in September 2017, compared to August 2017. This is primarily explained with the rise [...]

The overall harmonised consumer prices index in the country is higher by 0.1% in September 2017, compared to August 2017.

This is mainly explained with the rise of consumer prices in COICOP subgroups: milk, cheese and eggs (0.9%); vegetables (5.5%); gas and other fuels (1.4%), with a common impact of these sub-groups of 0.4 percent in IHCK.

The upgrade was largely neutralised by the decline of consumer prices in several sub-groups of COICOP, with a common impact of (-0.3%) on IHCK.

The rate of inflation measured in September 2017 was 1.7% by September 2016.

The overall harmonised consumer price index is highest for 1.7% in September 2017, compared to September 2016. This is largely explained with some changes in prices of articles and services in COICOP groups and subgroups.

Consumer prices are noted in subgroups: bread and cereal (1.0%); meat (1.1%); oil and fat (3.5%); sugar and sugar (4.5%); coffee, tea and cocoa (9.5%); tobacco (7.4%); shoes (4.0%); electricity, gas and other fuel (.1%) - power price building in September 2017) for 27.

The upgrade was neutralised, mainly by the drop in prices in this period in subgroups: milk, cheese and eggs (-1.4%); purchase of vehicles (-1.7%); telephone and telephax devices

(-8.4%); audio-visual equipment, information processing photo (-6.5%) with a common impact of these subgroups from (-0.4%) on IHCK.

Data Users Explanation

The implementation of new electricity-reducing tariffs for family consumers from April 1st 2017, approved by the Kosovo Republic Energy Regulatory Office of March 31st 2017, is the cause of a change in the electricity price every month, sealed by the Kosovar Company for Electricity Supply (KES/CO).

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