On an annual basis, consumer price inflation was 2.8% in November, compared to 2.3% in October, INSTAT said in a monthly report.
Albania's CPI reached 104.1 points in November compared to its base of 100 points in December 2007. In November 2008 consumer prices fell by 0.1% on the month but were 2.6% higher on the year.
Albania's November CPI (percentage change):
M/M | Y/Y | |
TOTAL | +0.4 | +2.8 |
Food+Drinks | +0.8 | +5.4 |
Spirits+Tobacco | +1.0 | +5.0 |
Clothing+Shoes | +0.1 | -1.0 |
Rents+Energy+Water | +0.1 | +0.9 |
Furnishings+Household Equipment | 0.0 | +0.7 |
Healthcare | +0.2 | +2.5 |
Transport | +0.6 | +0.9 |
Communications | 0.0 | +0.3 |
Culture+Entertainment | -0.1 | +1.1 |
Education | +1.0 | +4.7 |
Hotels+Cafes+Restaurants | +0.1 | +1.2 |
Other | 0.0 | +0.4 |
NOTE: Albania targets an average annual inflation rate of 3.0% in 2009. In 2008 Albania’s average inflation accelerated to 3.4% from 2.9% in 2007.