Monthly Inflation for year 2013

Open Data Albania has researched on the inflation of 2013, for the period January 2013 – January 2014. Inflation is an indicator of the change of the overall level of prices in an economy. It is measured as the change in the Consumer Price Index (CPI), thus changing the price of a basket of items which represents goods typically consumed by a household.

In 2013 the inflation rate reached 1.9%, value that was 0.5% lower compared with 2012. The month with the highest rate of inflation is December, with 1.7%. As expected, the end of the year marks an increase, often artificial, of prices of goods in the consumer basket.

^{Source: http://www.instat.gov.al/al/themes/% C3% A7mimet.aspx    
Comments and Analysis: ODA}   

Focusing on 12 key commodity groups, the group which marks the highest rate of inflation is that of alcoholic beverages and tobacco, with 4.2%, followed by food and non-alcoholic beverages by 3.5%. Clothing and footwear, is the category with the lowest value – 3.4%.

Inflation in 2013 by group of goods

^{Source: http://www.instat.gov.al/al/themes/% C3% A7mimet.aspx    
Comments and Analysis: ODA}