HICP increased to 2.2% during November, the food sector leads the trend
The harmonized index of consumer prices is fixed at 2.2% for November, according to the latest data from the Institute of Statistics. Such a rate puts us in 5th place in Europe in terms of countries with the highest price increases. Last month we were in 4th place in Europe, while after the outbreak of the pandemic, our country has been at the top of the old continent in terms of rising prices.
The harmonized consumer price index serves to compare the change in retail prices between European countries, to understand where prices for household consumers are growing at a faster pace. The largest increase of prices, of 4.7% is observed in the group “Food and non-alcoholic beverages”, followed by the groups “Transport” with 3.1%, “Alcoholic beverages and tobacco” with 1.6%, “Goods and services” “different” with 1.2%, “Entertainment and culture” with 1.0%, “Communication” with 0.5%, “Hotels, cafes and restaurants” with 0.4%, etc. On the other hand, the prices of the group “Clothing and shoes” decreased by 0.7%, followed by the group “Health” by 0.2%.
In November 2020, the monthly change measured by the Harmonized Index of Consumer Prices is -0.9%. This change was mainly influenced by the reduction of prices of the group “Food and non-alcoholic beverages” by 2.4%, followed by the groups “Transport” and “Furniture, home appliances and maintenance” by 0.2% each. On the other hand, the prices of the group “Entertainment and culture” increased by 0.4%, followed by the groups “Clothing and footwear” by 0.3%, “Alcoholic beverages and tobacco” by 0.1%.
*Material i përgatitur nga portali SCAN. Ripublikimi mund të bëhet vetëm kundrejt citimit të autorësisë dhe burimit origjinal.