Annual inflation measures 7.1%: Transport and Energy Suffer the Greatest Expense

Annual inflation measures 7.1%: Transport and Energy Suffer the Greatest Expense

Annual inflation measures 7.1%: Transport and Energy Suffer the Greatest Expense

The cost of living for Kosovo citizens continues to remain high. Recent consumer prices data for October show that annual inflation has reached 7.1 per cent compared to the same period last year. Although by September the overall price rate has remained unchanged (0.0%), the impact of annual growth is evident in consumer pockets, especially in basic sectors.

The biggest shock has suffered the transport sector, where prices have risen by 21.5 percent in one year. Soon after it are housing, water, electricity, gas, and other fuels that have been expensive by 9.7 percent.

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Facing higher prices has also affected the consumer basket:

Food and nonalcohol beverages: The 3.2% increase (with a monthly rise of 1.1% during October).

Alcohol beverages and tobacco: 5% weight.

Restaurants and accommodation: 4.5% growth.

Personal care and various services: Deployed by 3.7%.

Health, furniture and household equipment: A 2.9% increase.

Dress and shoes: Deployed by 2.3%.

The only category that has marked annual price reductions are educational services, with a minimum drop of 0.3 percent.

Meanwhile, within the month of October itself various movements have been observed: until housing and energy expenditures increased by 1.7 percent, transportation prices suffered a monthly decline of 2.2 percent, while recreation and culture decreased by 1.4 percent.

Source Layer: Signal

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Annual inflation measures 7.1%: Transport and Energy Suffer the Greatest Expense | Momenti