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INSTAT: Inflation hit 8.3% in October

TIRANA, November 8/ATA/ The Consumer Price Index (inflation), which measures the change in prices for a certain basket of goods, reached 8.3% in October of the current year, INSTAT reported.

According to INSTAT, the monthly change in the consumer price index in October 2022, compared to September of the same year, is 0.4%, while food and fuel are the products that have recorded the greatest increase.

INSTAT said that the annual increase in prices in October was mainly influenced by the group “Food and non-alcoholic beverages” with an increase of 5.09%, followed by the group “Transport” with 1.00%. The prices of the “Rent, water, fuel and energy” group increased by 0.70%.

The prices of the group “Furniture, household appliances and home maintenance” were 0.48% higher, while the prices of the group “Alcoholic beverages and tobacco” increased by 0.28%. The prices of the “Hotels, cafes and restaurants” group contributed with a plus of 0.27% and the prices of the “Miscellaneous goods and services” group with 0.19% more.

According to INSTAT, the prices of the group “Clothing and shoes” increased by 0.12%, “Entertainment and culture” by 0.06% more and “Health” and “Educational service” by 0.05%. /j.p/p.s./

 

 

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