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Albania's EU-harmonised annual inflation slightly slows to 2.6% in Sept

Albania's EU-harmonised annual inflation slightly slows to 2.6% in Sept Photo: www.stat.si

TIRANA (Albania), October 21 (SeeNews) - Albania’s annual harmonised index of consumer prices (HICP) rose by 2.6% in September, after advancing by 2.7% in August, the country's statistical office said on Thursday.

The strongest upward push on annual inflation in September came from a 4.7% rise in the harmonised index of prices of food and non-alcoholic beverages, followed by communication with a 2.7% rise, INSTAT said in a statement.

On a monthly comparison basis, Albania's HICP increased 0.5% in September, after edging up 0.2% in August.

Albania's non-harmonised consumer price inflation accelerated to 2.5% year-on-year in September, from 2.4% 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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