The Import Price Index (IPI) fell 0.5% year-on-year, compared with a 1.3% decrease in the same quarter of 2024. Compared with the second quarter of 2025, import prices edged down 0.2%.

By sector, prices for electricity, gas, steam, and air conditioning fell 4.6%, followed by water supply, waste management, and remediation activities down 0.7%, and the manufacturing” sector down 0.3%. In contrast, the mining and quarrying sector rose 0.4%.

Within manufacturing, the largest declines were seen in food products (-1.7%), wood and cork products, except furniture; basket and wickerwork production” (-1.2%), textiles (-0.8%), beverages (-0.6%), and chemicals and chemical products (-0.5%).

Prices increased in “other manufacturing” (+1.3%), “tobacco products” (+1.1%), and “printing and reproduction of recorded media” (+0.8%).

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According to INSTAT, the estimated value of approved projects, including buildings and engineering works, reached 15.9 billion leks.

Residential construction continued to dominate activity, with 231 permits and 273,190 square metres of planned building area. Non-residential structures – including hotels, commercial and industrial buildings – accounted for the remaining 58 permits and 77,413 square metres.

Tirana carried the largest share of construction activity, issuing 93 new permits with a combined area of 252,026 square metres.

INSTAT noted that Elbasan, Kukës and Dibër districts also recorded significant increases in the value of construction projects during the third quarter.

The rise in construction permits reflects continued strong demand in the real estate market.

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