TIRANA, June 9 /ATA/ – Albania’s inflation rate was at 2.2% in May, slightly down from 2.3% in the previous month of April, reflecting a stable situation in the consumer prices.
Data from the National Institute of Statistics (INSTAT) show a 0.3% decrease in consumer prices in May compared to April.
According to INSTAT, on annual basis, consumer prices were 2.2% higher than in May 2024.
The annual increase in consumer prices was moistly driven by the prices of “Recreation and culture” group with 6.3%, followed by prices of tobacco and alcoholic beverages that contributed with 3.7%, food and non-alcoholic beverages, and Furniture household goods and maintenance” group that contributed by 3.2% respectively.
Prices of clothing and footwear, hotels and restaurants, communication and energy groups also rose 2.5%, 1.8%, 1.6% and 1.5% respectively.
Transport was the only group to record a 1.2 year-on-year fall in May.
The fall in May’s inflation rate is linked to the seasonal agricultural products.
/j.p/u.sh/
