Oil and gasoline prices fall, they raised food and medical products

Oil and gasoline prices fall, they raised food and medical products

Kosovo Statistics Agency (ASK) has published “Harmonyd Consumption Prices” (IHÇK) for April 2020, base year 2015=100. Monthly inflation measured by the harmonised consumer price index was (-0.3%) in April 2020. The overall harmonised consumer price index suffered decline in an average [...]

Monthly inflation measured by the harmonised consumer price index was (-0.3%) in April 2020.

Total harmonised consumer prices index suffered decline in an average

(0.3%) in April 2020, compared to March 2020. This is mainly explained with the drop in consumer prices in COICOP subgroups: vegetables (-1.0%); use of personal transport equipment (-9.5%); reduction of oil and gasoline prices, with a common impact of these subgroups (-0.7%) on IHCK.

While price hikes are noted in subgroups: bread and cereal (0.4%); meat (0.3%); milk, cheese and eggs (1.8%); trees (6.5%); water, nonalcohol, juices from trees and vegetables (0.7%); alcoholic beverages (1.0%); medical products, equipment and equipment (1.4%), with a common impact of these subgroups of 0.4 percent in IHCK.

Meanwhile, the changing prices of products and services in some subgroups had no impact on IHCH.

The annual inflation rate measured in April 2020 by April 2019 was 0.3%.

The overall harmonised consumer price index was higher for 0.3% in April 2020, compared to April 2019. This is primarily explained with the raising of consumer prices in this period of COICOP subgroups: bread and cereal (2.1%); meat (2.7%); milk, cheese and eggs (6.0%); oils and fats (2.1%); trees (15.9%); sugar, jam, honey, chocolate and sweets (4.2%); different food products, salts, etc., salts. (3.2%); coffee, tea and kacao (8.6%); water, non-alcolico drinks, from trees and vegetables; (2.3% of all alcoholic drinks and other foods; and household services (s).

And prices drop in subgroups: vegetables (15.6%); use of personal transport equipment (-16.0%); decrease of oil and gasoline prices, with a common impact of these subgroups (-1.7 percent) on IHCH.

The price changes of products and services in some subgroups had no impact on IHCK.

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