Energy expands in Kosovo

Energy expands in Kosovo

The Kosovo Statistics Agency (ASK) has published yesterday “Harmonyd Consumption Prices” (IHÇK) for September 2020. However, in the same statistics, a price increase in certain categories of both vegetables and fuels has been observed as well as in electricity. Monthly inflation measured by the harmonised index [...]

However, in the same statistics, a price increase in certain categories of both vegetables and fuels has been observed as well as in electricity.

Monthly inflation measured by the harmonised consumer price index was (-0.1%) in September 2020. Meanwhile, in terms of the annual year inflation rate measured in September 2020 compared to September last year, the rate was -0.4%.

The overall harmonised consumer prices index this month suffered a decline in an average of (-0.1%), compared to August 2020. This is largely explained in the fall of consumer prices in COICOP subgroups: There has been a drop in trees by -9.3%; the use of personal transport equipment -0.4% - including falling oil and gasoline prices; organised holidays with -2.3%; hotel services with -06%, with a combined impact of these subgroups -0.3 percent in IHK.

While price hikes are noted in COICOP subgroups, where vegetables rose by 4.2%; price hikes have also been seen in electricity, gas and other fuels by 1.9% (construction of wood prices for heating), with a common impact of these sub-groups of 0.2 percent in IHCHK.

Meanwhile, compared to last year, the overall harmonised consumer price index suffered a decline in an average of (-0.4%) in September 2020, compared to September 2019. And this is largely explained with the drop in consumer prices in this period in COICOP subgroups: milk, cheese and eggs (-2.1%); trees (-3.5%); clothing (-1.3%); glass, tacals and kitchen tools (-5.5%); use of personal transport equipment (-14.5%) - Deforestation of oil and gasoline prices), with a common impact of these subgroups (-14 percent) on IHCHK.

While price hikes are noted in COICOP subgroups: bread and cereal (2.6%); meat (1.5%); sugar, jam, chocolate and candy (3.1%); water, non-alcoholic drink, tree and vegetables juice (2.9%); tobacco (2.2%); medical products, equipment and equipment (4.7%); ambulance services (5.5%); hotel service (1..8%); personal care (2.1%); m (19.7%), with a common impact of these subgroups at 1.0H.

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