Year 2025 starts with price hikes in Kosovo, inflation in January 1.5%

According to Kosovo's Statistics Agency, prudent monthly inflation was 0.7 per cent, while the annual inflation rate reached 1.5 per cent compared to January 2024 compared to the same period in the preceding year.

The price hikes have been largely influenced by some major categories of consumption.

Compared to December 2024, prices have increased mostly in vegetables, electricity, tobacco, fuel and lubricants for personal transport equipment, coffee, tea, and cocoa, as well as other food products such as meat and trees.

Compared to January of last year, prices have increased significantly for certain categories of goods and services.

Among the higher prices are coffee, tea, and cocoa products, oils, and fats, as well as personal transportation services.

And higher prices have been registered for nonalcohol beverages, newspapers and office materials, financial services, meat and milk products.

Coffee, tea and cocoa 14.6%. Oils and fats 8.3%. Other services related to personal transport equipment 7.6%. Mineral water, nonalcohol beverages, tree juices and vegetables 6.1%. Newspapers, books and office materials 5.4%. Financial services 5.2%. Slippers, heels and kitchen tools 5.1%. Meat 4.6%. The goods and services for the usual maintenance of the domestic economy 4.0%. Alcohol beverages 3.9%. Milk, cheese and eggs 3.0%. Garage 2.9%. Tobacco 2.9% Perms 2.5% Personal care of 2.5%. Bread and cereals 2.1% Hotel service 2.1%.

Since 2021, inflation in Kosovo has followed an exponential growth trajector, peaking at an annual rate of 11.8% in 2022.

In 2024, 44 percent of households reported buying less products while spending more, according to a poll published by the UNDP in February 2024.

While production prices threatened the well-being of low-income families, the government Kurti was accused of indifference to the crisis.

On the other hand, Kurti's repeated claims that Kosovo applied the largest support package in the region in relation to BPV had minimal effects on easing the crisis, according to international reports.

The World Bank's assessment of 2022 painted a grim picture of Kosovo's social assistance schemes, describing them as solid “” and largely inefficient in addressing the crisis.

Despite high levels of social protection spending, the social assistance scheme is rigid and can only provide limited protection. ”

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