TIRANA, Nov 8 /ATA/ Inflation which measures the annual change of consumption prices is estimated at 1,3% in October undershooting the 2-3% target of Bank of Albania.
According to the Institute of Statistics, compared to October last year, the largest increase in prices was observed in the “food and non-alcoholic beverages” group by 3%, followed by the “alcoholic beverages and tobacco” and “furniture, home appliances and home maintenance” groups by 1.4% each.
On the other hand, prices of “transport” group decreased by 2%, followed by “clothing and footwear” and “health” groups by 0.1% each.
Within the food group, prices of the “fruit” subgroup increased by 9.7%, followed by the “vegetables including potatoes” subgroup by 5.7%.
Compared to September 2019, prices of “transport” group decreased by 0.7%, followed by “food and non-alcoholic beverages” by 0.5%, “entertainment and culture” by 0.3% and “health” by 0, 1%. Whereas, prices of “clothing and footwear” group increased by 0.4%, followed by “rent, water, fuels and energy” and “miscellaneous goods and services” groups by 0.1% each.
Within the food group, prices of the “fruit” subgroup increased by 9.7%, followed by the “vegetables including potatoes” subgroup by 5.7%
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