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Albania's EU-harmonised annual inflation slightly slows in Sept

Albania's EU-harmonised annual inflation slightly slows in Sept New Bazaar, Tirana, Albania

TIRANA (Albania), October 18 (SeeNews) – Albania’s annual harmonised index of consumer prices (HICP) rose by 1.3% in September, after adding 1.4% in August, the country's statistical office said on Friday.

The strongest upward push on annual inflation came from a 2.4% rise each in the harmonised index of consumer prices of food and non-alcoholic beverages as well as in hotel and restaurant services, INSTAT said in a statement.

On a monthly comparison basis, Albania's HICP edged up 0.2% in September, after dropping 0.3% in the previous month.

Albania's non-harmonised consumer price inflation rose by 1.3% year-on-year in September, after increasing by 1.4% in August, 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.

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