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Czech inflation confirmed at 2.9% y/y in June
6 hours ago
Kosovo’s harmonised index of consumer prices (HICP) inflation accelerated to an annual 4.3% in June from 3.6% in the previous month (chart), statistics office’s data showed on July 10.
In June, notable year-on-year increases were recorded in coffee, tea and cocoa (18.2%), electricity (17.8%), fruit (14.8%), package holidays (13.3%), and meat (12.8%). Other significant rises included personal transport services (10.4%), oils and fats (9.7%), and hotel services (7.7%).
In contrast, prices fell in a few categories, including fuels and lubricants (-5.3%), solid fuels such as firewood and pellets (-4.5%), and flight tickets (-3.2%), with a combined dampening effect of 0.5 percentage points on overall inflation.
On a monthly basis, Kosovo posted inflation of 0.7% in June, after prices moved up 0.3% in May.
Month-on-month inflation was mainly due to higher prices for organised holidays (10.4%), electricity (5.4%), fruit (5.1%), and coffee, tea and cocoa (2.3%). Other notable increases were seen in fuel, alcoholic beverages, meat, hotel services, and bread and cereals, contributing a combined 0.9 percentage points to the HICP.
The only significant decline was in vegetable prices, which fell by 5.6%, lowering the index by 0.2 percentage points.
Compared to the reference year of 2015, the HICP prices in Kosovo were up by 35.2%
In 2024, HICP inflation was 1.6%.
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