Harmonized Index of Consumer Prices, February 2019

  • 12/03/2019

The Kosovo Agency of Statistics (KAS) has compiled the "Harmonized Index of Consumer Prices" (HICP) for the month of February 2019, with the base year 2015 = 100.

Monthly inflation measured by the Harmonized Index of Consumer Prices was 0.4% in February 2019.

The total harmonized index of consumer prices is higher by 0.4% in February 2019 compared to January 2019. This is mainly explained by the increase in consumer prices in the COICOP subgroups: bread and cereal (0.5%); fruit (4.9%); vegetables (5.7%); clothing (2.9%); footwear (1.7%) with a common impact of these subgroups by 0.5 percent in the HICP.

The increase was counteracted by the decrease in consumer prices in the COICOP subgroups: electricity, gas and other fuels (-1.6%); the decrease of the price of firewood for heating, with an impact of this subgroup by (-0.1%) in the HICP.

The annual inflation rate measured in February 2019 with February 2018, was 3.2%.

The total harmonized index of consumer prices was higher by 3.2% in February 2019 compared to February 2018. This is mainly explained by the increase in consumer prices in this period to COICOP subgroups: bread and cereal ( 10.5%); meat (3.6%); milk, cheese and eggs (6.2%); vegetables (29.0%); alcoholic beverages (2.9%); tobacco (3.6%); goods and services for household maintenance (3.0%); use of personal transport means (4.4%); the increase of oil and gasoline prices, hotel services (1.5%); personal care (2.1%); personal effects (3.8%), with a common impact of these subgroups by 3.4 percent in the HICP.

The increase was counteracted mainly by the decrease in consumer prices in the COICOP subgroup: fruit (-11.0%), with an impact of this subgroup by (-0.2%) in the HICP.