TIRANA, Aug 8 /ATA/ The increase in prices has continued in July, although the rates have slowed down compared to previous months.
According to INSTAT, inflation that measures the change in consumer prices in July 2022 is 7.5%, from 7.4% the previous month. Even in July, the increase in prices was mostly influenced by food and alcoholic beverages as well as fuel.
“A year ago, this change was 2.2%. The monthly change of the consumer price index in July 2022, compared to June 2022, is 0.2%,” INSTAT announced.
According to INSTAT, the annual increase in prices in July was mainly influenced by the group “Food and non-alcoholic beverages” with an increase of 4.59 percentage points, followed by the group “Transport” with 1.14 percentage points more.
The prices of the “Rent, water, fuel and energy” group increased by 0.66 percentage points. The prices of the group “Furniture, home appliances and home maintenance” increased by 0.32 percentage points and the prices of the group “Hotels, cafes and restaurants” increased by 0.27 percentage points.
The prices of the “Alcoholic beverages and tobacco” group increased by 0.25 percentage points. The prices of the group “Clothing and shoes” with 0.09 percentage points. Prices of the “Miscellaneous goods and services” group with 0.08 percentage points. “Entertainment and culture” group with 0.03 percentage points. The prices of the groups “Health”, “Communication” and “Educational service” with 0.02 percentage points each.
According to INSTAT, compared to the month of July 2021, the biggest increase in prices is observed in the group “Transport” with 19.7%, followed by the groups “Food and non-alcoholic beverages” with 13.2%, “Hotels, cafes and restaurants” with 6 ,0%, “Alcoholic beverages and tobacco” with 5.0%, “Furniture, home appliances and home maintenance” with 4.2%, “Rent, water, fuel and energy” with 3.4%/
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