ASS: Day consumption prices have increased by 1.2 percent in one year

The Kosovo Statistics Agency (ASK) has published “Harmonyd Consumption Prices” (IHÇK) for July 2018.

In the ASS media communiqué, the monthly inflation measured in July 2018 by the harmonised consumer price index was 0.2%, while annual inflation was 1.2%.

The overall harmonised consumption prices “is higher by 0.2% in July 2018, compared to June 2018. This is primarily explained with the rise of consumer prices in COICOP sub-groups: meat (1.1%); milk, cheese and eggs (1.4%); use of personal transport equipment (0.8%)-enhancing oil and gasoline prices); transport services (7.2%) - raising airline ticket prices with a common impact of the 0.5 per cent subgroups in IHK18x1>, reports the media report.

It also shows that the rise has been neutralised little by the drop of consumer prices in COICOP subgroups, such as tree prices (-2.5%); vegetables (-5.1%), with a common impact of these subgroups of (-0.3 %) on IHCHK.

“This is primarily explained with the rise of consumer prices in this period of COICOP subgroups: bread and cereal (1.4%); meat (2.3%); milk, cheese and eggs (4.7%); vegetables (12.2%); tobacco (3.9%); use of personal transport equipment (9.8%) - Uplifting the price of oil and gasoline; hotel services (2.3%) with a combined impact of 1.9 per cent in the IHK”, the ASK results reported.

The upgrade was also said to be neutralised, mainly by lowering consumption prices in COICOP subgroups: sugar and candy (-8.1%); clothing (-1.4%); electricity, gas and other fuel (-7.0%); household equipment (-2.5%); mobile phone equipment (-8.4%); audio-visule equipment, information processing (-4.6%), with a common impact of these sub-groups (0.7 percent) in IHCHC. /Kosovo pres/