Automobile insurance prices have been raised for 19.7%

Kosovo Statistics Agency (ASK) has published the harmonised consumer prices index for August of this year, stressing that

According to the AKS, monthly inflation measured by the harmonised consumer price index was 0.1% in August 2020.

The overall harmonised consumption prices “is higher by 0.1% in August 2020, compared to July 2020. This is mainly explained with the rise of consumer prices in COICOP subgroups: water, non-alcoholic drink, juices from trees and vegetables (0.5%); goods and services for the regular maintenance of the domestic economy (1.6%); use of personal transport equipment (2.5%) - raising oil and gasoline prices, with a common impact of these subgroups of 0.2 percent in IHCK. As prices drop in COICOP subgroups: trees (-2.5%); vegetables (-1.8%), with a common impact of these subgroups from (-0.1) on IHCHK. The annual inflation rate measured in August 2020 by August 2019 was (-0.5%). The overall harmonised consumer price index suffered a decline in an average of (-0.5%) in August 2020, compared to August 2019. This is mainly explained with the drop in consumer prices in this period in COICOP subgroups: milk, cheese and eggs (-3.2%); vegetables (-3.7%); alcoholic beverages (-1.2%); electricity, gas and other fuels (-1.1%) - tree-priced fuel prices for heating), glass vessels, tammes and household vessels (-3.1%); use of personal transport equipment (14.0%) oil and gas prices), audio-visual equipment for photo processing (4% of organised vacation), with an impact of these sub-christs (CH).

The ASK says that price hikes are seen in COICOP subgroups such as bread and cereals as 2.6%; meat 1,0%; sugar, jam, honey, chocolate and candy 4.1%; coffee, tea, and cacao 2.1%; water, non-alcoolitic drink, juices from trees and vegetables 1.7%; tobacco 2.2%; medical products and equipment 4..8%; ambulance purchases 5.5%; hotel service 2.4%; 19.7% of vehicle insurance establishments; an impact of these at 1.1%.