Consumer prices rise easily in Kosovo

Consumer prices rise easily in Kosovo

Monthly inflation measured in August 2018 by the harmonised consumer price index was 0.4%, compared to July, has today announced the Kosovo Statistics Agency (ASK), under which annual inflation is 1.5 per cent. The lift has marked consumer prices in COICOP subgroups meat 0.8%, milk, cheese [...]

The lift has marked consumer prices in COICOP subgroups meat 0.8%, milk, cheese and eggs 3.0%, electricity, gas and other 1.3% fuel, services for transport 4.5% with a common impact of these subgroups 0.5% in IHCK.

The rise was neutralised, mainly from falling consumer prices to the tree subgroup for -4.0%, with an impact of -0.1% on IHCK.

The overall harmonised consumer price index is higher for 1.5% in August 2018, compared to August 2017.

This is largely explained with the rise of consumer prices in this period in COICOP subgroups: bread and cereal (1.0%); meat (2.5%); milk, cheese and eggs (3.9%); vegetables (16.3%); alcoholic beverages (2.3%); tobacco (2.8%); etc.

The hike was neutralised, mainly by the drop of consumer prices in the tree subgroups (-1.4%); sugar and candy (-7.7%); water, nonalcoholic drink, pes and vegetables (-1.3%); clothing (-1.3%); shoes (-5.1%) etc.

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