Consumer prices in Kosovo decreased 0.4 percent year-on-year in September of 2020, following a 0.5 percent drop in August. It was the third consecutive month of falls in consumer prices, as cost continued to drop for transport (-7.1 percent, the same as in August); furniture & household goods (-1 percent vs -0.4 percent); clothing & footwear (-0.8 percent vs -0.2 percent) and recreation & culture (-0.7 percent vs -1.5 percent). On the other hand, prices rebounded for housing & utilities (0.1 percent vs -0.4 percent) and rose further for food & non-alcoholic beverages (0.9 percent vs 0.8 percent). On a monthly basis, consumer prices went down 0.1 percent, after increasing 0.1 percent in August.

Inflation Rate in Kosovo averaged 2 percent from 2003 until 2020, 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 October of 2020.

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 1.10 in 12 months time. In the long-term, the Kosovo Inflation Rate is projected to trend around 1.50 percent in 2021 and 1.90 percent in 2022, according to our econometric models.

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Kosovo Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.50 14.20 -4.40 2003 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-10 12:30 PM Jun 0.1% 0.2% 0.3%
2020-08-11 12:30 PM Jul -0.1% 0.1% 0.3%
2020-09-11 12:30 PM Aug -0.5% -0.1% -0.2%
2020-10-12 12:30 PM Sep -0.4% -0.5% -0.1%
2020-11-11 01:30 PM Oct -0.4%
2020-12-11 01:30 PM Nov


News Stream
Kosovo CPI Falls for 3rd Month
Consumer prices in Kosovo decreased 0.4 percent year-on-year in September of 2020, following a 0.5 percent drop in August. It was the third consecutive month of falls in consumer prices, as cost continued to drop for transport (-7.1 percent, the same as in August); furniture & household goods (-1 percent vs -0.4 percent); clothing & footwear (-0.8 percent vs -0.2 percent) and recreation & culture (-0.7 percent vs -1.5 percent). On the other hand, prices rebounded for housing & utilities (0.1 percent vs -0.4 percent) and rose further for food & non-alcoholic beverages (0.9 percent vs 0.8 percent). On a monthly basis, consumer prices went down 0.1 percent, after increasing 0.1 percent in August.
2020-10-12
Kosovo Deflation Deepens in August
Consumer prices in Kosovo decreased 0.5 percent from a year earlier in August of 2020, after dropping 0.1 percent in the prior month. Main downward pressure came from prices of transport (-7.1 percent vs -7.5 percent in July); recreation & culture (-1.5 percent vs -1.4 percent ); housing & utilities (-0.4 percent vs 0.1 percent); furnishings (-0.4 percent vs 0.3 percent) and clothing & footwear (-0.2 percent vs 0.2 percent). Also, inflation slowed for food & non-alcoholic beverages (0.8 percent vs 1.7 percent). On a monthly basis, consumer prices edged up 0.1 percent, following a 0.3 percent decrease in the previous month.
2020-09-11
Kosovo Consumer Prices Drop 0.1% YoY in July
Consumer prices in Kosovo decreased by 0.1 percent in July of 2020 after rising 0.1 percent in the previous month. It was the first month of deflation since January of 2018, led by prices of transport (-7.5 percent vs -8.8 percent) and recreation & culture (-1.4 percent vs -1 percent). Concomitantly, inflation slowed for food & non-alcoholic beverages (1.7 percent vs 2.4 percent); housing & utilities (0.1 percent vs 0.8 percent) and furnishings (0.3 percent vs 0.6 percent). On a monthly basis, consumer prices were down by 0.3 percent, following a 0.4 percent decrease in the preceding month.
2020-08-11
Kosovo Inflation Rate Falls to Over 2-Year Low of 0.1%
The annual inflation rate in Kosovo edged down to 0.1 percent in June of 2020 from 0.2 percent in the previous month. It was the lowest rate since March of 2018, as prices increased at softer pace for food & non-alcoholic beverages (2.4 percent vs 2.7 percent in May). In addition, cost fell further for transport (-8.8 percent vs -8.9 percent), recreation & culture (-1 percent vs -0.6 percent) and clothing & footwear (-0.6 percent vs -0.3 percent). On the other hand, prices advanced faster for housing & utilities (0.8 percent vs 0.5 percent), furnishing, household equipment and routine maintenance of the house (0.6 percent vs 0.5 percent) and miscellaneous goods & services (3.9 percent vs 3.8 percent). On a monthly basis, consumer prices dropped 0.4 percent, the fifth consecutive month of fall.
2020-07-10

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.