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Albania's Nov CPI Falls 0.1% M/M, Up 2.6% Y/Y - Table

Dec 10, 2008, 11:23:22 AMArticle by Plamena Stoyanova
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December 10 (SeeNews) - Albania's November consumer price index (CPI) fell by 0.1% month-on-month, after a 0.1% monthly increase in October, data of the National Statistics Office, INSTAT, showed on Wednesday.

Albania's Nov CPI Falls 0.1% M/M, Up 2.6% Y/Y - Table

On an annual basis, the country's consumer price inflation slowed down to 2.6% in November from 2.8% in October, INSTAT said in a monthly report, posted on its website.

In November 2007, consumer prices went up by 0.2% on the month and were 3.5% higher on the year.

Albania's November 2008 consumer prices (pct change):

M/M Y/Y
TOTAL -0.1 +2.6
Food+Drinks +0.1 +4.0
Spirits+Tobacco -0.1 +1.5
Clothing+Shoes +0.6 -3.8
Rents+Energy+Water +0.1 +4.6
Furnishings+Household Equipment -0.1 0.0
Healthcare 0.0 +1.1
Transport -2.5 +5.3
Communications 0.0 -19.3
Culture+Entertainment -0.1 +10.7
Education +0.1 +0.9
Hotels+Cafes+Restaurants 0.0 +2.4
Other +0.2 +1.4

NOTE: Albania targets an average annual inflation rate of 3.0% this year, the same as last year. The average annual inflation rate for 2006 was 2.36%, compared to 2.4% in 2005.

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