Annual inflation rate in Kosovo edged up to 3.4 percent in April of 2019 from 3.3 percent in the previous month. It was the highest inflation rate since January of 2013, as cost rose faster for food & non-alcoholic beverages (7.1 percent from 6.7 percent in March) and for furniture & household equipment (0.9 percent vs 0.3 percent). On the other hand, prices went up at a softer pace for transport (2.2 percent vs 2.7 percent); alcoholic beverages & tobacco (2.7 percent vs 2.8 percent) and miscellaneous goods & services (1.0 percent vs 1.3 percent) while cost fell for housing & utilities (-1.4 percent vs -1.3 percent); recreation & culture (-0.3 percent vs -0.4 percent) and communication (-0.3 percent vs -0.5 percent). On a monthly basis, consumer prices went up 0.1 percent, the same as in March. Inflation Rate in Kosovo averaged 2.06 percent from 2003 until 2019, 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.
Inflation Rate in Kosovo is expected to be 2.60 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 2.60 percent in 2020, according to our econometric models.