For a year, consumer prices in Kosovo rose by 7.6 per cent

Periskopi

12 April 2023, 19:10(3 years ago)

Prices in Kosovo are at 7.6 per cent higher in March of this year, compared to the same period last year. Meanwhile, the overall harmonised consumer prices index was lower at an average of 0.4% in March 2023, compared to February of this [...]

Meanwhile, the overall harmonised consumer price index was lower at an average of 0.4% in March 2023, compared to February this year.

Meanwhile, the annual inflation rate measured in March 2023 with March 2022 was 7.6%.

“The overall harmonised consumption prices index was lower to an average of (-0.4%) in March 2023, compared to February 2023. This is largely explained with the drop in prices in the groups and subgroups of COICOP: phone and telephox devices (-22.7%); electricity (-7.1%); transport services (-2.8%); oils and fats (-18%); solid fuel, firewood, clothing, etc. (-1.8%); and milk, cheese and eggs (-1.0%). While consumer price hikes are noted in COICOP subgroups: food products (1.8%); recreation and culture (0.6%); furniture, household equipment and household maintenance (0.4%); as well as clothing and shoes (0.2%)”, the Kosovo Statistics Agency report says.

According to this report, annual inflation measured in March 2023 by March 2022 was 7.6%.

“This is primarily explained with the establishment of consumer prices in this period in groups and subgroups of COICOP: milk, cheese and eggs (19.2%); meat (16.6%); food products (16.2%); sugar, jam, honey, chocolate and sweets (15.0%); maintenance and regulation of the settlement (13.7%); bread and cereal (12.6%); vegetables (11.6%); furniture, household equipment and household maintenance (9.6%; 9.6% social protection (9.9%; personal quality (9.0); coffee and tea; and teas.7%; and restaurants (8.5%; and other hotels; and new facilities; and household facilities (9.9% of the household and household facilities (9.6%; 99% alcohol; (odial) and non-perical oil; (5%; cell). (0%; cell).

While, according to the AKS report, price decreases are seen in COICOP groups and subgroups: fuel and lubricants for personal transport equipment (-6.9%); electricity (-4.8%); audio-visuals and data processing photos (-3.0%); communication tools (-2.9%); gas (-1.3%); and security (-0.3%), with a common impact of these subgroups (-07 percent).