November 9 (SeeNews) - Albania's October consumer price index (CPI) fell by 0.1 month-on-month, after rising by 0.9% in September, the National Statistics Office (INSTAT) said on Friday.
On an annual basis, the country's consumer price inflation slowed down to 4.2% in October from 4.4% a month earlier.
In October 2006, consumer prices rose by 0.1% on the month and were 2.2% higher on the year.
Albania's October 2007 consumer prices (pct change):
|
|
M/M |
Y/Y |
| TOTAL |
-0.1 |
+4.2 |
| Food+Drinks |
-0.3 |
+9.1 |
| Spirits+Tobacco |
-0.1 |
+4.6 |
| Clothing+Shoes |
+0.4 |
-0.3 |
| Rents+Energy+Water |
+0.1 |
+0.9 |
| Furnishings+Household Equipment |
-0.1 |
-0.2 |
| Healthcare |
0.0 |
+0.4 |
| Transport |
0.0 |
+0.3 |
| Communications |
0.0 |
0.0 |
| Culture+Entertainment |
-0.4 |
-2.8 |
| Education |
-0.3 |
-0.3 |
| Hotels+Cafes+Restaurants |
+0.3 |
+5.0 |
| Other |
-0.2 |
-0.2 |
NOTE: Albania targets an average annual inflation rate of 3.0% for 2007. The average annual inflation rate for last year is estimated at 2.36%, compared to 2.4% in 2005.
The impoverished Western Balkan country targets an average annual inflation of 3.0% next year.