Harmonised Indices of Consumer Prices (HICP), November 2020

  • 11/12/2020

The Kosovo Agency of Statistics (KAS) has published the "Harmonized Index of Consumer Prices" (HICP) in November 2020, with the base year 2015 = 100.

Monthly inflation measured by the harmonized index of consumer prices was 0.1% in November 2020, compared to October 2020. This is mainly explained by the increase in consumer prices in the COICOP subgroups: milk, cheese and eggs (2.6 %) - increase in egg prices; oils and fats (1.5%); vegetables (3.1%); solid fuels, firewood, pellets, etc. (0.4%); with a combined impact of these subgroups of 0.3 percent on the HICP.

Whereas, a decrease in prices is observed in the COICOP subgroups: fruits (-3.9%); clothing (-2.4%), with a combined impact of these subgroups of (-0.2 percent) on the HICP.

The annual inflation rate measured in November 2020 with November 2019 was (-0.3%). This is mainly explained by the decrease in consumer prices in this period in the COICOP subgroups: fruits (-5.4%); clothing (-2.7%); gas (-3.1%); purchasing of vehicles (-1.7%); use of personal transport means (-14.3%) - decline in oil and gasoline prices, with a joint impact of these subgroups of (-1.5 percent) on the HICP.

Whereas, price increase is observed in the COICOP subgroups: bread and cereals (2.6%); meat (1.3%); milk, cheese and eggs (2.6%); oils and fats (3.4%); vegetables (6.7%); sugar, jam, honey, chocolate and cakes (2.5%); water, soft drinks, fruit and vegetable juices (1.2%); tobacco (1.9%); solid fuels, firewood, pellets, etc. (1.1%); medical products, apparatus and equipment (4.5%); outpatient services (4.8%); transport services (2.3%) - increase of air transport ticket prices; hotel services (1.6%); personal care (1.7%); personal belongings (1.8%), with a combined impact of these subgroups of 1.2 percent on the HICP.