Kosovo Inflation Fee

The annual inflation charge in Kosovo rose by 2.9% year-on-year in November 2023, slowing from a 3.3% rise within the earlier month. This marked the bottom studying since July, primarily pushed by sharp price reductions in transportation (-1.6% vs 0.6% in October) and ongoing alleviation in meals inflation, which reached a virtually two-and-a-half-year low of three.5% (vs 3.9%). There was additionally a deceleration in costs of furnishings (5% vs 5.1%), well being (3.6% vs 3.8%) and eating places & motels (4% vs 4.1%). However, inflation accelerated for housing & utilities (4% vs 2.6%) and clothes a& footwear (6% vs 3.5%). On a month-to-month foundation, shopper costs had been unchanged. supply: Kosovo Company of Statistics

Inflation Fee in Kosovo decreased to 2.90 % in November from 3.30 % in October of 2023. Inflation Fee in Kosovo averaged 2.65 % from 2003 till 2023, reaching an all time excessive of 14.20 % in Could of 2008 and a report low of -4.40 % in Could of 2009. This web page offers the newest reported worth for – Kosovo Inflation Fee – plus earlier releases, historic excessive and low, short-term forecast and long-term prediction, financial calendar, survey consensus and information. Kosovo Inflation Fee – knowledge, historic chart, forecasts and calendar of releases – was final up to date on December of 2023.

Inflation Fee in Kosovo decreased to 2.90 % in November from 3.30 % in October of 2023. Inflation Fee in Kosovo is anticipated to be 3.00 % by the tip of this quarter, in response to Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Kosovo Inflation Fee is projected to development round 2.00 % in 2024 and 1.70 % in 2025, in response to our econometric fashions.

In Kosovo, crucial class within the shopper worth index is Meals and Non-Alcoholic Drinks (40 % of whole weight). Transport accounts for 16 %; Furnishings, Family Tools and Upkeep for Eight %; Housing and Utilities for 7 %; and Alcoholic Drinks and Tobacco for six %. Clothes and Footwear; Communication; Recreation and Tradition; Eating places; Lodges; Well being; Schooling; and Miscellaneous Items and Providers account for the remaining 24 % of whole weight.