TIRANA (Albania), May 20 (SeeNews) – Albania’s harmonised index of consumer prices (HICP) increased by 2.3% on the year in April, after adding 2.1% a month earlier, the country's statistical office said on Wednesday.
The strongest upward push on the annual inflation in April came from a 5.7% rise in the harmonised index of consumer prices of food and non-alcoholic beverages, followed by the recreation and culture group with a 3.5% increase, alcoholic beverages and tobacco with a 1% rise and transport with a 0.6% rise, INSTAT said in a statement.
On a monthly comparison basis, Albania's HICP decreased by 0.6% in April, after adding 0.8% in the previous month.
Albania's non-harmonised consumer price inflation slowed down to 1.9% year-on-year in April, from 2.1% the previous month, INSTAT said earlier this month.
INSTAT started publishing inflation measurement through the HICP in February 2017. The HICP measures consumer price inflation in the euro area. It is compiled according to a methodology that has been harmonised across EU countries to ensure that the data for one country can be compared with the data for another.