Harmonised Indices of Consumer Prices (HICP), November 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.