TIRANA, July 8 /ATA/ – Albania’s consumer price inflation stood at 1.8% year-on-year year in June, data from the National Institute of Statistics, INSTAT, showed on Wednesday.
In its Consumer Price Index, INSTAT said that year-on-year consumer price index change is 1.8% in June 2020, up from 1.3% rate during the same period of the previous year.
According to INSTAT, the annual growth rate in June was mainly driven by prices of food and non-alcoholic beverage by +1.51 p.p., followed by housing, water, electricity and fuel by +0.30 p.p..
Furniture household goods and maintenance group prices contributed by +0.12 p.p..
On monthly basis, food and non-beverage prices dropped by 1.5% compared with the previous month of May, followed by rent, water, fuel and electricity prices falling by 0.2% and transport by me 0.1 %.
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