The annual inflation rate in Kosovo eased to 13% in August of 2022 from an over 14-year high of 14.2% in the prior month, mainly due to a slowdown in prices of transport (17.2% vs 23.3% in July) and food & non-alcoholic beverages (19.3% vs 20.6%). Meanwhile, costs rose further for restaurants & hotels (13.8% vs 13.5%); housing & utilities (12.6% vs 11.5%) and furnishings (7.6% vs 7.3%).On a monthly basis, consumer prices were up by 0.2% in August, slowing from a 0.9% increase in the previous month. source: Kosovo Agency of Statistics
Inflation Rate in Kosovo averaged 2.36 percent from 2003 until 2022, 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 September of 2022.
Inflation Rate in Kosovo is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kosovo Inflation Rate is projected to trend around 2.20 percent in 2023, according to our econometric models.