TIRANA, June 10 ATA/- In the first quarter of 2019, the unemployment decreased by 12.1%, while the increasing trend in household income, led to the expansion of consumption and inflation growth, right on the target of the Bank of Albania, BoA.
The Albanian Institute of Statistics, INSTAT reported Monday that, the Consumer Price Index CPI, in May 2019, increased by 1.5% compared with the same period of the previous year.
According to INSTAT, the main drivers of the annual growth of the consumer price index were; the group of “Foodstuffs and non-alcoholic beverages” by 1.17%, followed by the group “Rent, water, fuels and energy” by 0.24% .
Meanwhile, prices of “Alcoholic beverages and tobacco”group contributed by +0.05%, and the prices of “Hotel, café and restaurant” and “Furniture, household equipment and home maintenance” contributed by 0.04% each.
The prices of “Clothing and footwear” and “Educational Service” groups contributed respectively by +0.02% each .
The prices of “Fun and Culture” and “Transport” groups contributed by -0.02% and prices of the “Health” group contributed by – 0.01%. //a.i./
