Inflation Rate in Albania decreased to 2.40 percent in October from 2.50 percent in September of 2021. source: Instituti i Statistikave (INSTAT)

Inflation Rate in Albania averaged 2.80 percent from 1995 until 2021, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Inflation Rate in Albania is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Inflation Rate is projected to trend around 2.20 percent in 2022 and 2.10 percent in 2023, according to our econometric models.

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Albania Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 11:05 AM Sep 2.5% 2.4% 2.7%
2021-11-08 01:40 PM Oct 2.4% 2.5% 2.7%
2021-12-09 11:00 AM Nov 2.4%


Related Last Previous Unit Reference
Inflation Rate 2.40 2.50 percent Oct/21
Inflation Rate Mom 0.50 0.40 percent Sep/21
Consumer Price Index CPI 102.67 102.52 points Oct/21
Producer Prices 101.40 101.10 points Jun/21
Producer Prices Change 1.60 -0.69 percent Jun/21
Harmonised Consumer Prices 103.10 102.90 points Oct/21
Food Inflation 4.10 4.90 percent Oct/21
CPI Transportation 106.92 105.07 points Oct/21
CPI Housing Utilities 101.30 101.10 points Oct/21

News Stream
Albania Inflation Rate at Near 5-Year High in September
The annual inflation rate in Albania ticked up to 2.5 percent in September of 2021 from 2.4 percent in the previous month. It was the highest inflation rate since January of 2017, mainly driven by a rise in prices of food & non-alcoholic beverages (4.6 percent vs 4.6 percent in August), transports (4.5 percent vs 4.3 percent), communication (3 percent vs 2.9 percent), and recreation & culture (2.1 percent vs 1.4 percent). Meanwhile, the prices for miscellaneous goods & services fell (-0.2 percent vs 0.3 percent). On a monthly basis, consumer prices went up 0.5 percent after a 0.4 percent increase in the prior month.
2021-10-08
Albania Inflation Rate Rises to the Highest Since 2018
The annual inflation rate in Albania ticked up to 2.4 percent in August of 2021 from 2.2 percent in the previous month. It was the highest inflation rate since June of 2018, mainly driven by prices of food & non-alcoholic beverages (4.6 percent vs 4.1 percent). Meanwhile, transport prices continued to rise at a sharp rate (4.3 percent vs 4.4 percent in July). On a monthly basis, consumer prices went up 0.4 percent after a 0.1 percent drop in the prior month.
2021-09-08
Albania Inflation Rate Quickens to Near 3-Year High
The annual inflation rate in Albania picked up to 2.2 percent in July of 2021 from 1.6 percent in the previous month. It was the highest inflation rate since August of 2018, mainly driven by prices of food & non-alcoholic beverages (4.1 percent vs 2.7 percent); transport (4.4 percent vs 2.5 percent); and housing & utilities (0.7 percent vs 0.5 percent). On a monthly basis, consumer prices went up 0.1 percent after a 0.8 percent drop in the prior month.
2021-08-09

Albania Inflation Rate
In Albania, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (36.1 percent of total weight). Housing and Utilities account for 20.3 percent; Furniture, Household Goods and Maintenance for 7.4 percent; Transport for 6.3 percent; Alcoholic beverages and Tobacco for 5 percent and Miscellaneous Goods and Services for 4.9 percent. Clothing and Footwear; Health; Education; Recreation and Culture; Communication and Restaurants and Hotels account for the remaining 20 percent of total weight.