Prices rise by 2.6 percent compared to last July

The harmonised Price Index for July this year shows that compared to last July last year published by the Kosovo Statistics Agency (ASK) on Friday, consumer prices have increased by 2.6 per cent compared to the same period last year, Koha Ditore writes. [...]
The annual inflation scandal measured in July 2019 by July 2018 was 2.6 per cent”, reportedly in the report the AKS has released Friday. Some economic connoisseurs have linked this price hikes to the 100 per cent tax the Government of Kosovo has imposed on products imported from Serbia.
According to the ASK, this is largely explained in the rise of consumer prices over the past year to COICOP subgroups (communification of individual consumption according to purpose): bread and cereals 14 percent, meat 4.7 percent, vegetables 1.2 percent, sugar, jam, milk, chocolate, and candy 1.7 percent, coffee, tea and cacao 5.8 percent, alcoholic beverages, 3.1 percent tobacco, 1.3 percent clothing, electricity, well - keeping and residences 2.9 percent, electricity, and other fuel fuel fuel, and 1.6 percent household equipment, and household vehicles per cent, and farm facilities, as well as usualable as well as 16 percent per cent. The combined influence of these subgroups on the Consumption Awards Index is 2.8 percent.
The rise is said to have been neutralised mainly by the drop in consumer prices in COICOP subgroups: trees at 6.7 percent, transportation services at 4.2 percent, which are said to have dropped mainly in air transport tickets prices. The combined influence of these subgroups on the Consumption Awards Index is -0.2 percent.
As compared to June, it is said that in July of this year, the overall harmonised consumer price index suffered a drop to an average of -0.1 percent.












