TIRANA, May 8 /ATA/ Inflation, which measures the annual change in the price of goods, is showing significant signs of slowdown for the sixth month in a row, starting from November 2022.
The Institute of Statistics published on Monday the Consumer Price Index, according to which the annual change in consumer prices in April was 4.6%. A year ago, this change was 6.2%. The monthly change in consumer prices in April 2023 compared to March 2023 is 0.03%.
The highest level of inflation was recorded in October last year, when it reached 8.3%.
Compared to the month of April 2022, the largest price increase is observed in the group “food and non-alcoholic beverages” with 9.6%, followed by the groups “furniture, household appliances and home maintenance” with 6.7%, “hotels, cafes and restaurants” with 4.5%, “clothing and shoes” with 3.9%, “alcoholic beverages and tobacco” with 3.8%, “various goods and services” with 3.6%, “entertainment and culture” with 2.4%, “rent, water, fuel and energy” with 2.3%, “educational service” with 2.1%, “healthcare” with 1.4% and “communication” with 1.2%. On the other hand, the prices of the “transport” group decreased by 10.7%.
Within the food group, the prices of the subgroup “milk, cheese and eggs” increased by 15.5%, followed by the subgroups “seafood” by 13.5%, “meat” by 12.3%, “vegetables including potatoes” by 10.7%, “fruit” by 7.7%, “bread and cereals” by 5.6%, “sugar, jam, honey, chocolate and sweets” by 4.9%.
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