TIRANA, April 9 /ATA/ Inflation, which measures the annual change in the price of goods, is estimated at 1.2% during March, while the target rate of the Bank of Albania is 3%.
A year ago inflation rate was 2.1%. The monthly change of the consumer price index in March 2021, compared to February 2021 is 0.7%.
According to INSTAT data, compared to March 2020, the largest increase in prices is observed in the group “food and non-alcoholic beverages” by 3.1%, followed by the groups “furniture, home appliances and home maintenance” and “communication” by 2.2% each, “alcoholic drinks and tobacco” by 1.3%, “hotels, cafes and restaurants” by 1.1%, “health” by 0.7%, etc.
While the prices of the “transport” group decreased by 1.6%.
Within the food group, the prices of the subgroup “fruit” increased by 7%, followed by the subgroups “oils and fats” by 5.3%, “milk, cheese and eggs” by 3.5%, “fish” by 3.2 %, “Bread and cereals” by 2.5%, “meat” by 1.5%, “sugar, jam, honey, chocolate, and sweets” by 1.1%, etc.
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