Russian services downturn deepens as demand weakens and confidence hits three-and-a-half-year low
6 hours ago
Kosovo’s harmonised consumer price index (HICP) rose by 5.3% in November 2025 compared with the same month in 2024, slightly above the 5.1% y/y increase recorded in October (chart), the Statistics Agency said on December 10. On a monthly basis, prices were up 0.4%.
The annual rise was mainly driven by steep increases in several COICOP categories. The strongest growth was recorded in prices for other services related to personal transport equipment (18.1%), fruit (16.1%), electricity (15.5%), air tickets (14.6%) and maintenance and repair of personal transport equipment (14.1%).
Significant increases were also seen in coffee, tea and cocoa (14.0%), meat (13.7%), organised holidays (13.5%), milk, cheese and eggs (10.5%) and solid fuels including firewood and pellets (9.6%).
Additional upward pressure came from ambulance services (8.9%), hotel services (8.8%), therapeutic equipment (8.4%), tobacco (6.4%), personal care (5.9%) and oils and fats (5.9%). Prices for general food products rose 5.8%, while household maintenance goods and services increased 5.3%, and bread and cereals were up 5.2%.
Smaller increases were recorded across a wide range of categories including sugar and sweets (4.5%), alcoholic beverages (4.4%), dwelling maintenance (4.2%), education (3.8%), personal effects (3.7%), water supply and related services (3.5%), vegetables (3.3%), non-alcoholic drinks (3.0%), books and office supplies (2.9%), clothing (2.7%) and passenger road transport (1.4%). The combined impact of these rising categories contributed 5.4 percentage points to the annual HICP.
Two categories saw price declines: fuels and lubricants for personal transport equipment (-0.8%) and vehicle purchases (-0.5%), which jointly reduced the headline index by 0.1 percentage points.
On a monthly basis, the 0.4% increase from October to November was driven by higher prices for other services related to personal transport equipment (5.1%), milk, cheese and eggs (4.2%), vegetables (3.0%), electricity (1.8%), fuels and lubricants (1.6%), meat (1.1%), personal care (1.0%), coffee, tea and cocoa (1.0%) and vehicle purchases (0.6%).
These gains were partly offset by a sharp monthly drop in air ticket prices (-15.9%) and a decline in organised holiday prices.
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