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. source: Kosovo Agency of Statistics
Inflation Rate in Kosovo averaged 1.97 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 January of 2021.
Inflation Rate in Kosovo is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kosovo to stand at 1.50 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.