TIRANA, January 10 /ATA/ Annual average growth rate of prices in 2024 fell into 2.2 % from 4.8 % that it was in 2023.
The highest inflation level in the last two decades was recorded in October 2022, specifically 8.3%, linked to the Russian aggression in Ukraine.
The Institute of Statistics published today the Consumer Price Index.
According to the INSTAT, the annual rate of consumer price index in December 2024 is 2.1 %, a year before was 4.0 %. Compared with November 2024 the monthly change of consumer price index is 0.6 %.
Annual growth rate in December was influenced mostly from prices of group “Food and non-alcoholic beverage” by +1.03 p.p., followed by “Furniture household goods and maintenance” group contributed by +0.32 p.p..
Also, prices of “Alcoholic beverages and tobacco” group influenced by +0.19 p.p., prices of “Housing, water, electricity and other fuel” group influenced by +0.18 p.p., prices of “Clothing and footwear” group influenced by +0.14 p.p., prices of “Recreation and culture” group influenced by +0.12 p.p., prices of “Hotels, coffee-house and restaurants” group contributed by +0.10 p.p., prices of “Miscellaneous goods and services” group contributed by +0.08 p.p., prices of “Health” and “Communication” group contributed by +0.04 p.p. each of them, prices of “Education service” group contributed by +0.03 p.p., prices of “Transport” group contributed by -0.18 p.p..
Compared to December 2023, prices increased the most in the “Recreation and culture” group by 5.6 %, followed by “Furniture household goods and maintenance” by 4.2, “Alcoholic beverages and tobacco” and “Clothing and footwear” by 3.8 % each of them, “Food and non-alcoholic beverage” by 3.0 %, “Hotels, coffee-house and restaurants” by 1.8 %, “Miscellaneous goods and services” by 1.5 %, “Communication” by 1.2 %, “Health” by 1.1 %, “Housing, water, electricity and other fuel” by 0.9 %, “Education service” by 0.8 %. On the other hand, prices of “Transport” decreased by 2.8 %. Within the food group prices of “vegetables included potatoes” subgroup signed an increased by 4.7 %, followed by “meat” by 4.3 %, “fish” and “milk, cheese and eggs” by 3.5 % each of them, “sugar, jam honey, syrup, chocolates and sweets” by 1.6 %, etc.
Compared with November 2024 prices of “Alcoholic beverages and tobacco” group increased by 1.1 %, followed by “Furniture household goods and maintenance” by 1.0 %, “Food and non-alcoholic beverage” by 0.9 %, “Transport” by 0.6 %, “Communication” by 0.4 %, “Clothing and footwear” by 0.3 %, “Health” and “Hotels, coffee-house and restaurants” by 0.2 % each of them, “Housing, water, electricity and other fuel” and “Miscellaneous goods and services” by 0.1 % each of them. On the other hand, prices of “Recreation and culture” group decreased by 0.1 %. /r.e//a.f/p.s./
