Bul. Economics Price rises in Kosovo marked last month

The Kosovo Statistics Agency's report (ASK), entitled “The harmonised Consumption Prices (IHÇK), November 202118x3> shows that this rise in prices in COICOP subgroups leads with higher fuel prices and lubricants for personal transport equipment, which rose to 33.9 percent than in the same period last year.

Also, a sharp increase was felt in oils and food fats, which resulted in a 30.9 percent increase. Phone and telephyxi services also increased by 20.5 percent.

Meanwhile, the increase was also in the price of bread and cereals, which for 13.3 percent, the price of meat rose by 4.8 percent more than last year, and the price of milk, cheese, and eggs rose by 7.7 percent in this period.

Also, the price of vegetables during this time increased by 6.8 percent, while the price of sugar, jam, honey, chocolate, and candy was an 8.6 percent increase, always referring to comparisons last year.

Furthermore, the prices of various food products, such as sauces, spices, salts, and children's food, increased 2.9 percent, while the price of coffee, tea, and cocoa rose by 8.7 percent. Mineral water, nonalcohol beverages, tree juices, and vegetables also increased by 0.9 percent, while the price of alcoholic beverages rose by 2.6 percent.

The price of tobacco also increased by 2.9 percent, the price for maintenance and regulation of the settlement rose by 3.7 percent, gas for 18.5 percent, and that of solid fuels, such as firewood and diapers, increased by 13.9 percent.

In contrast, furniture and furniture, carpets, and other floor covers increased by 3.2 percent, while domestic textiles achieved an increase of 4.8 percent. The price hikes also included 5.7 percent household equipment, household tools and gardening equipment at 3.3 percent, pharmaceutical products at 3.1 percent, automobile purchases 5.3 percent, spare parts and equipment for personal transportation increased by 3.4 percent.

The price of maintenance and repair of personal transportation equipment increased by 5.7 percent, other transportation services had an increase of 9.9 percent more than the same period in the preceding year, and the price for transportation services increased by 3.5 percent, the price of audio-visual equipment, data processing cameras rose by 4.3 percent, hotel services per cent, personal care at 2 percent, financial services at 6 percent. During the same period, prices dropped only by the tree subgroup, which marked a reduction of -5.9 percent.

Meanwhile, in terms of monthly inflation measured by the harmonised consumer price index for the same year, it is seen that prices rose by 1.2 percent more in November 2021, compared to the month of October the same year.

This increase has largely been explained with the rise of consumer prices in COICOP subgroups, where bread and cereals rose to 7.3 percent, while the price of meat marked 2.4 per cent.

The price of milk products, cheese, and eggs during this time resulted in an increase of 4.0 percent, while the price of oil and food fat increased by 3.8 percent more. The price of vegetables also increased by 1.1 percent, while the price of sugar, jam, honey, chocolate, and candy rose by 4.2 percent.

With a rate of 4.8 increased the price of coffee, tea, and cocoa, gas prices rose by 2 percent, while the price of solid fuels, wood, and diapers increased by 5.8 percent.

The price of household appliances also increased by 2.5 percent, while the price for hotel services rose by 2.1 percent, although the subgroup's combined influence was 1.4 percent on IHCH. A drop in prices was again observed in the tree sector that fell to -7.5 percent, as well as in alcoholic beverages, which fell to -1.3 percent. (Blandria Avdiu)/Economic Bulletin/