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INSTAT: Albania’s CPI rose by 2% in October 2020

TIRANA, Nov. 9/ATA/- In October this year, the consumer price index (CPI) a sound index to measure inflation, marked a significant increase of 2%, up from 1.5% in September 2020, the Albanian Institute of Statistics (INSTAT) reported on Monday.

According to the report published by INSTAT, the increase in consumer price index was fueled by the food group.

The consumer-price index increase in October this year was mainly influenced by the group “food and non-alcoholic beverages” by 1.81%, followed by the group “rent, water, fuel and energy” by 0.32%.

Compared to October 2019, the largest increase in prices is observed in the group “Food and non-alcoholic beverages” by 4.9 %, followed by the groups “rent, water, fuel and energy”, ” Furniture household goods and maintenance” by 1.5%. //a.i/

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