TIRANA (Albania), December 10 (SeeNews) – Albania's consumer prices rose by 1.4% year-on-year in November, after increasing 1.3% in October, the country's statistical office said on Tuesday.
Prices of food and non-alcoholic beverages, which have the largest weight of 37.0% in the consumer basket, grew 3.2% year-on-year in November, after adding 3.0% in the previous month, INSTAT said in a monthly inflation report.
Prices of housing, water, electricity and fuel, which have 21.5% weight in the consumer basket, edged up 0.1% in November, after growing by the same level in October.
On a monthly comparison basis, consumer prices in Albania edged down 0.1% in November, after falling 0.2% in October.
Last month, Albania's central bank decided to keep its key policy rate unchanged at record low 1.0%, as inflation is expected to return to the central bank's target of 3.0% in the second half of 2021.