TIRANA, Aug 20 /ATA/ – Albania’s annual harmonised index of consumer prices (HICP) rose by 2.7% in July, the National Institute of Statistics, INSTAT, said on Friday.
The strongest upward push on annual inflation in July was attributed to a 4.7% rise in the harmonised index of prices of food and non-alcoholic beverages, followed by communication with a 2.8% growth, Transport with 2.7%, hotels, bars and restaurants with a 2.1% rise, alcoholic beverages and tobacco with 1.9% rise, health with 1.3%, rent, water, fuel and energy with 1.1%, furniture, appliances and maintenance with 0.9%, recreation and culture with 0.8% rise etc.
In July 2021, the monthly rate measured by harmonized index of consumer price was 0.02 %, mostly influenced by an increase in transport prices by 1.1 %, %, followed by “housing, water, electricity, gas and other fuels group by 0.3 %, alcoholic beverages and tobacco, health and hotels, coffee-houses and restaurants by 0.1 % each.
INSTAT started publishing inflation measurement through the HICP in February 2017. The HICP measures consumer price inflation in the euro area. It is compiled according to a methodology that has been harmonised across EU countries.
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