Friday January 10 2020
Kosovo Inflation Rate at 1.20 percent
The inflation rate in Kosovo slowed to 1.2 percent year-on-year in December 2019, the lowest since July 2018, from 1.7 percent in the previous month. Prices rose at a slower pace for food & non-alcoholic beverages (2.0 percent vs 3.4 percent), furnishing, household equipment & routine maintenance of the house (1.7 percent vs 1.9 percent), alcoholic beverages & tobacco (1.8 percent vs 2.1 percent), and miscellaneous goods & services (3.3 percent vs 3.5 percent). In addition, there were declines in housing (-1.1 percent vs -0.3 percent) and transport prices (-0.3 percent vs -0.8 percent). On a monthly basis, consumer prices increased 0.2 percent, the same pace as in November. Considering 2019 full year, the average inflation accelerated to 2.7 percent from 1.1 percent in 2018.