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. Inflation Rate in Albania averaged 2.92 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.

Inflation Rate in Albania is expected to be 1.50 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 2.30 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.

Albania Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 10:30 AM Inflation Rate YoY May 1.5% 1.4% 1.3%
2019-07-08 09:15 AM Inflation Rate YoY Jun 1.3% 1.5% 1.4%
2019-08-08 09:30 AM Inflation Rate YoY Jul 1.5% 1.3% 1.4%
2019-09-09 09:30 AM Inflation Rate YoY Aug 1.4% 1.5% 1.6%
2019-10-08 09:30 AM Inflation Rate YoY Sep 1.4% 1.5%
2019-11-08 10:30 AM Inflation Rate YoY Oct 1.6%
2019-12-10 10:30 AM Inflation Rate YoY Nov 1.7%


Albania Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.50 42.08 -2.11 percent [+]
Inflation Rate Mom 0.30 -0.10 45.70 -3.30 percent [+]
Consumer Price Index CPI 106.50 106.10 108.20 78.73 Index Points [+]
Producer Prices 103.20 103.10 104.00 89.50 Index Points [+]
Producer Prices Change -0.30 -0.20 6.69 -4.04 percent [+]
Food Inflation 2.60 3.00 8.66 -1.44 percent [+]
Harmonised Consumer Prices 107.70 107.90 110.20 100.20 Index Points [+]
Cpi Housing Utilities 105.10 105.00 105.30 60.90 Index Points [+]
CPI Transportation 104.50 102.86 104.50 73.50 Index Points [+]


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. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.50 42.08 -2.11 1995 - 2019 percent Monthly
2015M12=100, NSA




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 2.00 Jul/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.50 Aug/19
Japan 0.50 Jul/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.00 Jul/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 2.10 Jul/19
United States 1.70 Aug/19


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