Lack of Competition had caused prices to rise last year

Lack of Competition had caused prices to rise last year

The harmonised Consumer Prices Index (IHÇK) has shown that prices in Kosovo have risen by 2.7 percent in 2019 compared to 2018. According to IHCK, which was published Friday by the Kosovo Statistics Agency, the largest price hike has been on bread, cereals, meat, vegetables, milk, cheese, [...]

The harmonised Consumer Prices Index (IHÇK) has shown that prices in Kosovo have risen by 2.7 percent in 2019 compared to 2018. According to IHCK, which was published Friday by the Kosovo Statistics Agency, the largest price increase has been on bread, cereals, meat, vegetables, milk, cheese, eggs, coffee and tea. The average annual inflation rate in 2019, according to the AK, was 2.7 percent.

The overall harmonised consumption prices in the country in 2019 were higher in an average of 2.7 percent compared to the year 2018<18x1>, writes KOHA.

According to AKS data, since 2011, when prices were raised by 7.3 per cent, this is the largest price hike in Kosovo.

Researchers at the GAP Institute, Blendy Haysa, have said the most pronounced increase was food and drink prices by about 5.4 percent.

The price hikes were immediate and dominant in the first quarter following the introduction of the fee on goods of origin from Serbia and Bosnia and Herzegovina”, Has stressed Hasa.

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