Consumer prices in Kosovo grew 1.2 percent year-on-year in March of 2021, the most since January 2020, after having increased by 0.7 percent in the previous month. Main upward pressure came from the rebound in the prices of transport (2.5 percent vs -2.8 percent). Cost also rose for alcoholic beverages, tobacco (3.6 percent vs 3.7 percent) and miscellaneous goods and services (1.2 percent vs 1.7 percent). In addition, prices declined at a slower pace for housing & utilities (-2.3 percent vs -2.6 percent), while food inflation flattened during this period (0.1 percent vs 0.7 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.7 percent in the prior month. source: Kosovo Agency of Statistics
Inflation Rate in Kosovo averaged 1.95 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 May of 2021.
Inflation Rate in Kosovo is expected to be 1.40 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.