TIRANA, Dec. 9/ATA/- In November this year, consumer prices decreased by 0.5% compared to a month earlier. Consumer prices marked an annual increase of 1.6%, the Albanian Institute of Statistics (INSTAT) reported on Wednesday.
INSTAT published today the Consumer Price Index (CPI) report, which measures the average change in prices over time that consumers pay for a basket of goods and services. The index is used as the official measure of inflation in Albania.
According to INSTAT, the annual price increase in November this year was mainly influenced by the group “food and non-alcoholic beverages”.
“The largest increase in prices is observed in the group “food and non-alcoholic beverages” by 3.9%, followed by the groups “rent, water, fuel and power” by 1.3%, compared to November 2019,” INSTAT said.
Prices of vegetables including potatoes increased by 13.7%, followed by prices of fruits which increased by 4.3%.
INSTAT reported that transport prices decreased by 4.6%, followed by clothing and footwear groups by 0.6% and health by 0.3%.
In November this year, the food and non-alcoholic beverage prices decreased by 1.3%, compared to October 2020. While the prices of clothing and footwear increased by 0.4%.//a.i/
