TIRANA, Aug 21 /ATA/In the month of July, the inflation measured according to the methodology of EUROSTAT, (HICP) in our country decreased to 2.5% from 3.8% that was at the beginning of this year.
The HICP level in July is 0.4% higher than INSTAT’s national measurements, where the HICP was reckoned at 2.1%.
Referring to the INSTAT report, the measurements show that the largest price increase of 4.1% is observed in the “educational service” group, followed by the “food and non-alcoholic beverages” groups with 3.6%, “alcoholic beverages and tobacco” with 3%, “clothes and footwear” with 2.7%.
The group “furniture, household appliances and maintenance” increased by 2.4%, “various goods and services” by 2.3%, “healthcare” and “hotels, cafes and restaurants” by 2.1% each, “rent, water, fuel and energy” by 1.8%, “entertainment and culture” by 1.3%, “transportation” and “communication” by 0.3% each.
The monthly change measured by the Harmonized Index of Consumer Prices fell 0.2%.
This change was mainly influenced by the price reduction of the groups “food and non-alcoholic beverages” and “entertainment and culture” by 0.7% each.
Romania, Belgium and Iceland had the highest inflation rate in July compared to other European countries at over 5%, while Finland and Latvia and Denmark had the lowest at less than 1%. The average inflation in Europe during the month of July was 2.8%.
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