On an annual basis, consumer price inflation was 2.3% in October, compared to 2.0% in September, INSTAT said in a monthly report.
Albania's CPI reached 103.4 points in October compared to its base of 100 points in December 2007. In October 2008 consumer prices rose by 0.1% on the month and were 2.8% higher on the year.
Albania's October CPI (percentage change):
M/M | Y/Y | |
TOTAL | +0.8 | +2.3 |
Food+Drinks | +0.4 | +4.7 |
Spirits+Tobacco | +1.0 | +3.9 |
Clothing+Shoes | +0.9 | -0.5 |
Rents+Energy+Water | +0.4 | +1.0 |
Furnishings+Household Equipment | +0.1 | +0.6 |
Healthcare | +0.2 | +2.3 |
Transport | +0.1 | -2.2 |
Communications | 0.0 | +0.3 |
Culture+Entertainment | +0.2 | +0.9 |
Education | +2.5 | +1.1 |
Hotels+Cafes+Restaurants | +0.4 | +1.2 |
Other | +0.1 | +0.6 |
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.