Kosovo's CPI inflation eases to 2.4% y/y in April 2013

By bne IntelliNews May 13, 2013

Kosovo's consumer price growth eased to 2.4% y/y in April from 2.6% y/y the month before, thus sinking to a nine-month low, the statistics office said. In the twelve months through April, the average CPI edged up by 0.1pps to 2.9%. However, in April consumer prices fell 0.8% as compared to their March level. 

The subdued inflation can be explained by the lack of price pressure from the typical drivers of the Kosovo inflation - global food and oil prices.

Food price inflation slowed down to 3% y/y in April from 3.1% in March and the beverages and tobacco price growth eased to 8% y/y from 8.2% y/y a month earlier. The housing and utilities price inflation decelerated by 0.1pps to 1.9% y/y. On the other hand, the transport sector prices fell 6.8% y/y.

In its latest report the EBRD said it expects the annual average inflation in Kosovo to slow down to 2.5% in 2013 from 3.3% in 2012, while the IMF projects 2.4% annual price growth this year.
 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EIF signs guarantee agreements with 11 banks in Western Balkans, unlocking €750mn for small businesses

The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more

EIB surpasses investment milestone in the Western Balkans by investing €1.2bn in 2023

EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more

bne IntelliNews Southeast Europe Outlook 2024

This Southeast Europe Outlook 2024 has been prepared by bne IntelliNews as part of a series of annual reviews providing updates on the geopolitical, macroeconomic and commercial state of ... more

Follow Us On

Most Read

  1. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  2. The models are wrong, climate change is accelerating faster than predicted
    4 days ago
  3. Don't mention the "D" word - Ukraine
    8 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    6 days ago
  5. COLLINGWOOD: Ukraine’s power blackout means a dark future
    6 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    29 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. BRICS announce a blockchain-based payment system to create a common currency
    1 month ago
  4. Saudi Arabia to scale back plans for Neom city
    19 days ago
  5. Iran vs Israel: Who is better equipped for war?
    15 days ago

Reports

Dismiss