TIRANA (Albania), November 22 (SeeNews) – Albania’s annual harmonised index of consumer prices (HICP) rose to 3.2% in October, from 2.7% in September, the country's statistical office, INSTAT, said on Wednesday.
The strongest upward push on annual inflation came from a 7.8% rise in the harmonised index of consumer prices of food and non-alcoholic beverages, followed by housing, water, electricity, gas and fuels (+2.1%), education (+1.2%), and recreation and culture (+1%), INSTAT said.
On a monthly comparison basis, Albania's HICP increased by 0.2% in October following a rise of 0.5% in September, influenced mostly by an increase in the prices of clothing and footwear (+1.5%) followed by food and non-alcoholic beverages (+0.4%).
Albania's annual non-HICP rose 1.9% year-on-year in October, from 1.6% in September, INSTAT said earlier this month.
INSTAT started publishing inflation measurement through the HICP in February. 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.