September 20 (SeeNews) - Albania’s annual harmonised index of consumer prices (HICP) rose by 2.7% in August, at the same level as in the previous month, the country's statistical office said on Monday.
The strongest upward push on annual inflation in August came from a 4.9% rise in the harmonised index of prices of food and non-alcoholic beverages, followed by communication with a 2.8% rise, INSTAT said in a statement.
On a monthly comparison basis, Albania's HICP edged up 0.2% in August, after remaining unchanged the previous month.
Albania's non-harmonised consumer price inflation accelerated to 2.4% year-on-year in August, from 2.2% in July, 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.