23 minutes agoConsumer prices in Kosovo rose an average of 1.6% during 2024
Periskopi(a year ago)
(a year ago)Kosovo Statistics Agency (ASK) has published the annual assessment of consumer prices for 2024, under which the harmonised index of consumer prices (IHÇK) in the country marked an average growth of 1.6% compared to 2023. According to AKS data, the largest price increase is noted in some [...]
According to AKS data, the largest price increase has been observed in several groups and sub-groups of COICOP rankings, which are highlighted: flights' tickets by 10.8%, coffee, tea and cocoa by 8.0%, alcoholic beverages by 6.9%, goods and services for regular home economy maintenance by 6.5%, as well as financial services at 5..8%.
Price increases have also been recorded for: mineral water, nonalcoolitic drinks and juices from trees and vegetables (5.3%), glass and kitchen heels (5.2%), candy and sugar products (5.1%), trees (4.8%), newspapers and books (4.6%), and clothing (4.0%).
Other factors contributing to growth in the index include personal care (3.7%), electricity (3.4%), solid fuels (3.3%), tobacco (2.7%), bread and cereal (2.5%), hotel services (2.0%) and meat (1.9%). These, totally, had a mutual impact of 2.0% on the overall index.
On the other hand, some categories have scored discounts, affecting the slowdown in overall growth. The most significant decline has been recorded in fuels and lubricants for personal transport by -4.4%, as well as buying vehicles by -1.8%, which together contributed to a negative impact of -0.4% on IHCH.
KSF data for 2024 reflects an inflation stabilisation in relation to the previous years, although sectoral impacts remain sensitive to consumers. /Periscope/
