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Albania's Nov Consumer Prices Rise 0.4% M/M, 2.8% Y/Y - Table

Dec 9, 2009, 3:02:36 PMArticle by Iva Doneva
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December 9 (SeeNews) - Albania's November consumer price index (CPI) rose by 0.4% month-on-month, after increasing at the same rate in October, the National Statistics Office, INSTAT, said on Wednesday.

Albania's Nov Consumer Prices Rise 0.4% M/M, 2.8% Y/Y - Table

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.

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