Annual inflation rate in Albania decreased to 1.1 percent in December of 2019 from 1.4 percent in the previous month, the lowest since March. Cost slowed for food & non-alcoholic beverages (2.6 percent vs 3.2 percent in November); furniture & household equipment (1.2 percent vs 1.5 percent) and alcoholic beverages & tobacco (0.2 percent vs 1.1 percent). On the other hand, inflation was steady for housing & utilities (at 0.1 percent) and miscellaneous goods & services (at 0.2 percent) while transport cost rebounded (0.2 percent vs -1.6 percent). On a monthly basis, consumer prices went up 0.8 percent, rebounding from a 0.1 percent fall in November.

Inflation Rate in Albania averaged 2.90 percent from 1995 until 2019, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituti i Statistikave (INSTAT)

Inflation Rate in Albania is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Albania to stand at 2.50 in 12 months time. In the long-term, the Albania Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.


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Albania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.40 42.08 -2.11 1995 - 2019 percent Monthly
2015M12=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 09:30 AM Sep 1.3% 1.4% 1.5%
2019-11-08 10:30 AM Oct 1.3% 1.3% 1.2%
2019-12-10 12:00 PM Nov 1.4% 1.3% 1.4%
2020-01-10 10:00 AM Dec 1.1% 1.4% 1.5%
2020-02-07 11:00 AM Jan 1.1% 1.3%


News Stream
2019-12-10
Albania Inflation Rate Picks Up to 1.4% in November
Annual inflation rate in Albania increased to 1.4 percent in November 2019 from 1.3 percent in the previous month. Prices rose faster for food & non-alcoholic beverages (3.2 percent from 3 percent in October); furniture & household equipment (1.5 percent from 1.4 percent); recreation & culture (2.1 percent from 1.2 percent) and restaurant & hotels (1.3 percent from 1.2 percent). On the other hand, cost slowed for housing & utilities (0.1 percent from 0.2 percent); alcoholic beverages & tobacco (1.2 percent from 1.4 percent) and education (0.2 percent from 0.3 percent). Meantime, prices fell at a softer pace for transport (-1.6 percent from -2 percent) and inflation was steady for miscellaneous goods & services (at 0.3 percent). On a monthly basis, consumer prices went down 0.1 percent, following a 0.2 percent decline in October.

2019-11-08
Albania Inflation Rate Steady at 1.3% in October
Annual inflation rate in Albania came in at 1.3 percent in October 2019, unchanged from September’s two month low. Inflation was steady for restaurant & hotels (at 1.2 percent) and communication (at 0.1 percent) while cost advanced faster for food & non-alcoholic beverages (3.0 percent from 2.5 percent); miscellaneous goods & services (0.3 percent from 0.2 percent) and recreation & culture (1.2 percent from 0.5 percent). On the other hand, prices slowed for housing & utilities (0.1 percent from 0.7 percent); furniture & household equipment (1.4 percent from 1.5 percent); alcoholic beverages & tobacco (1.4 percent from 1.5 percent); education (0.2 percent from 0.9 percent). Meantime, prices dropped for transport (-2.0 percent from -0.6 percent); clothing & footwear (-0.1 percent from 0.2 percent) and health (-0.1 percent from a flat reading). On a monthly basis, consumer prices edged down 0.2 percent, after a 0.1 percent gain in September.

2019-10-08
Albania Inflation Rate Slows to 3-Month Low
Annual inflation rate in Albania decreased to 1.3 percent in September of 2019 from 1.4 percent in the previous month, the lowest since June. Cost slowed for housing & utilities (0.7 percent vs 0.8 percent in August) and recreation & culture (0.5 percent vs 2.2 percent) while transport cost fell (-0.6 percent vs 1.2 percent). On the other hand, prices advanced faster for food & non-alcoholic beverages (2.5 percent vs 2.4 percent); miscellaneous goods & services (0.2 percent vs 0.1 percent) and education (0.9 percent vs 0.8 percent) while inflation was steady for furniture & household equipment (at 1.5 percent); alcoholic beverages & tobacco (at 1.5 percent) and clothing & footwear (at 0.2 percent). On a monthly basis, consumer prices increased 0.1 percent, following a 0.3 percent rise in the prior month.

2019-09-09
Albania Inflation Rate Slows to 1.4% in August
Annual inflation rate in Albania decreased to 1.4 percent in August of 2019 from 1.5 percent in the previous month. Cost slowed for food & non-alcoholic beverages (2.4 percent vs 2.8 percent in July), namely vegetables (2.7 percent vs 6.7 percent) and milk, cheese & eggs (3 percent vs 3.3 percent); and communication (0.1 percent vs 0.2 percent). Also, inflation was steady for housing & utilities (at 0.8 percent); miscellaneous goods & services (at 0.1 percent); clothing & footwear (at 0.2 percent) and restaurant & hotels (at 1.1 percent). On the other hand, cost rose faster for furniture & household goods (1.5 percent vs 1.3 percent); alcoholic beverages & tobacco (1.5 percent vs 1.3 percent); education (0.8 percent vs 0.7 percent) and recreation & culture (2.2 percent vs 1.1 percent); while prices of transport rebounded (1.2 percent vs -0.1 percent). On a monthly basis, consumer prices went up 0.3 percent, after a 0.1 percent fall in July.

2019-08-08
Albania Inflation Rate Edges Up to 1.5% in July
Albania's annual inflation rate rose to 1.5 percent in July 2019 from 1.3 percent in the prior month. Prices advanced faster for food and non-alcoholic beverages (2.8 percent vs 2.7 percent in June); furniture & household equipment (1.3 percent vs 0.7 percent); miscellaneous goods & services (0.1 percent vs a flat reading in June) while recreation & culture cost rebounded (1.1 percent vs -0.1 percent). In addition, transport cost declined at a softer pace (-0.1 percent vs -0.6 percent). On the other hand, inflation was steady for housing & utilities (at 0.8 percent); clothing & footwear (at 0.2 percent); communication (at 0.2 percent) and education (at 0.7 percent) while prices slowed for alcoholic beverages & tobacco (1.3 percent vs 1.4 percent) and for restaurants & hotels (1.1 percent vs 1.3 percent). On a monthly basis, consumer prices dropped 0.1 percent, following a 0.3 percent decrease in the prior month.

2019-07-08
Albania Inflation Rate Slows to 3-Month Low
Annual inflation rate in Albania decreased to 1.3 percent in June of 2019 from 1.5 percent in the previous month, the lowest since March. Cost slowed for food & non-alcoholic beverages (2.7 percent from 3.1 percent in May), particularly vegetables (1.6 percent from 10.5 percent) and fish (0.1 percent from 0.9 percent); housing & utilities (0.8 percent from 1.1 percent), namely fuel & power (0.6 percent from 1.1 percent) and clothing & footwear (0.2 percent from 0.5 percent). Also, prices fell further for transport (-0.6 percent from -0.1 percent); and inflation was steady for furniture & household equipment (at 0.7 percent); alcoholic beverages & tobacco (at 1.4 percent); education (at 0.7 percent) and communication (at 0.2 percent). On a monthly basis, consumer prices went down 0.3 percent, after a 1 percent drop in May.


Albania Inflation Rate
In Albania, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (36.1 percent of total weight). Housing and Utilities account for 20.3 percent; Furniture, Household Goods and Maintenance for 7.4 percent; Transport for 6.3 percent; Alcoholic beverages and Tobacco for 5 percent and Miscellaneous Goods and Services for 4.9 percent. Clothing and Footwear; Health; Education; Recreation and Culture; Communication and Restaurants and Hotels account for the remaining 20 percent of total weight.

Albania Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 1.40 42.08 -2.11 percent [+]
Inflation Rate Mom 0.80 -0.10 45.70 -3.30 percent [+]
Consumer Price Index CPI 107.10 106.21 108.20 78.73 points [+]
Producer Prices 102.40 103.20 104.00 89.50 points [+]
Producer Prices Change -1.60 -0.30 6.69 -4.04 percent [+]
Food Inflation 2.70 3.40 8.66 -1.44 percent [+]
Harmonised Consumer Prices 108.40 107.30 110.20 100.20 points [+]
Cpi Housing Utilities 105.40 105.20 105.40 60.90 points [+]
CPI Transportation 102.80 102.11 104.50 73.50 points [+]