TIRANA, April 8 /ATA/ The inflation rate reached a record high of 5.7% in March. The war in Ukraine has further accelerated the price rise.
INSTAT published today the Consumer Price Index for March 2022.
According to INSTAT, the annual change of the consumer price index in March 2022 is 5.7% while last year it was 1.2%.
Meanwhile, the monthly change of the consumer price index in March 2022, compared to February is 2.4%.
The annual increase of prices in March was mainly influenced by the group “food and non-alcoholic beverages” with 3.31%, followed by the group “transport” with 1.08%. Prices of “rent, water, fuel and energy” group gave an impact of 0.44%.
Compared to March 2021, the largest increase in prices is observed in the group “transport” with 19.9%, followed by the groups “food and non-alcoholic beverages” with 9.3%, “alcoholic beverages and tobacco” with 4.9% , “Hotels, cafes and restaurants” with 4.5%, “Entertainment and culture” with 3.5%, “Rent, water, fuel and energy” with 2.3%.
Compared to February of this year, the prices of the group “transport” increased by 8.9%, followed by the groups “food and non-alcoholic beverages” by 3.9%, “alcoholic beverages and tobacco” by 2.8%, ” hotels, cafes and restaurants”with 1.3%, etc./p.s./
