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Inflation hits 3.7 % in January

TIRANA, February 10/ATA/ The prices of consumer goods marked a significant increase during January.

The Institute of Statistics (INSTAT) posted the Consumer Price Index which measures the annual change in the price of goods.

According to INSTAT, the annual rate of consumer price index in January 2022 is 3.7 %, a year before was 0.4 %. Compared with December 2021, the monthly change of consumer price index is 1.3 %.

The annual increase of prices in January was mainly influenced by the group “food and non-alcoholic beverages” by 2.35%, followed by the group “transport” by 0.48%.

Compared to January 2021, the largest increase in prices is observed in the group “transport” by 9%, followed by the groups “food and non-alcoholic beverages” by 6.7%,

Rising prices of consumer goods have been observed for several months in other countries, driven by supply and demand imbalances that came from the pandemic and the significant rise in energy prices./p.s./

 

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