Inflation Rate in Kosovo increased to 0.70 percent in February from -0.20 percent in January of 2021. source: Kosovo Agency of Statistics

Inflation Rate in Kosovo averaged 1.96 percent from 2003 until 2021, reaching an all time high of 14.20 percent in May of 2008 and a record low of -4.40 percent in May of 2009. This page provides the latest reported value for - Kosovo Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kosovo Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Inflation Rate in Kosovo is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kosovo to stand at 1.60 in 12 months time. In the long-term, the Kosovo Inflation Rate is projected to trend around 1.50 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Kosovo Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.70 -0.20 14.20 -4.40 2003 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-12-11 01:00 PM Nov -0.3% -0.2% -0.3%
2021-01-11 05:30 PM Dec 0.1% -0.3% -0.1%
2021-02-12 01:30 PM Jan -0.2% 0.1% 0.3%
2021-03-11 03:30 PM Feb 0.7% -0.2% 0.1%
2021-04-12 12:30 PM Mar 0.7% 0.9%
2021-05-11 12:30 PM Apr
2021-06-10 12:30 PM May
2021-07-12 12:30 PM Jun

News Stream
Kosovo Consumer Prices Fall in January
Consumer prices in Kosovo edged down 0.2 percent year-on-year in January of 2021, after a 0.1 percent rise in the previous month. Main downward pressure came from prices of fruits (-13.4 percent) and vegetables (-8.4 percent); electricity (-10.8 percent); glass, cutlery, and kitchen utensils (-4.3) and vehicles (-1.4 percent). On a monthly basis, consumer prices went up 0.5 percent after a 0.6 percent increase in the previous month.
Kosovo Consumer Prices Rise in December
Consumer prices in Kosovo increased 0.1 percent year-on-year in December of 2020, after a 0.3 percent drop in the previous month. It was the first rise in consumer prices since June, with mainly upward pressure coming from food & non-alcoholic beverages (1 percent) and housing & utilities (0.9 percent). On the other hand, cost fell for transport (-6.6 percent) and furniture & household equipment (0.2 percent). On a monthly basis, consumer prices went up 0.6 percent.
Kosovo CPI Falls for 5th Month
Consumer prices in Kosovo went down 0.3 percent year-on-year in November of 2020, following a 0.2 percent drop in the previous month. It was the fifth consecutive month of decreases in consumer prices, as costs continued to fall for transport (-7.4 percent vs -8 percent in October); clothing & footwear (-2.1 percent vs -0.5 percent); furnishings (-0.5 percent, the same pace as in October) and recreation & culture (-0.6 percent vs -0.5 percent). Meantime, inflation remained steady for food & non-alcoholic beverages (at 1.9 percent). On a monthly basis, consumer prices went up 0.1 percent, after increasing 0.2 percent in the prior month.
Kosovo CPI Falls for 4th Month
Consumer prices in Kosovo dropped 0.2 percent year-on-year in October of 2020, following a 0.4 percent fall in the prior month. It was the fourth consecutive month of decreases in consumer prices, as costs continued to fall for transport (-8 percent vs -7.1 percent in September); furnishings (-0.5 percent vs -1 percent); clothing & footwear (-0.5 percent vs -0.8 percent) and recreation & culture (-0.5 percent vs -0.7 percent). Conversely, prices rose faster mostly for food & non-alcoholic beverages (1.9 percent vs 0.9 percent). On a monthly basis, consumer prices were up 0.2 percent, after falling 0.1 percent in the previous month.

Kosovo Inflation Rate
In Kosovo, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (39.2 percent of total weight). Transport accounts for 13.1 percent; Furniture, Household Goods and Maintenance for 8.7 percent; Housing and Utilities for 7.9 percent; Alcoholic beverages and Tobacco for 5.2 percent and Miscellaneous Goods and Services for 4.9 percent. Recreation and Culture; Clothing and Footwear; Communication; Restaurants and Hotels; Health and Education account for the remaining 21 percent of total weight.