The Kosovo Agency of Statistics (KAS) has released the Harmonized Index of Consumer Prices (HICP) for the month of December 2022, with the base year 2015=100.

Monthly inflation measured by the harmonized index of consumer prices was 0.9% in December 2022.

The total harmonized index of consumer prices is higher by an average of 0.9% in December 2022, compared to November 2022. This is mainly explained by the increase in consumer prices in COICOP subgroups: transport services (15.9%); electricity (7.6%); clothing (4.2%); purchase of vehicles (4.0%); milk, cheese and eggs (2.5%); vegetables (2.3%); tobacco (1.7%); furniture and furnishings, carpets and other floor coverings (1.3%); mineral water, soft beverages, fruit and vegetable juices (1.2%); with a common impact of these subgroups by 1.4% on HICP.

Meanwhile, the decrease in prices is observed in the subgroup of COICOP: fuels and lubricants for personal transport means (-8.3%), with an impact by (-0.5 percent) on HICP.

The annual inflation rate measured in December 2022 with December 2021 was 12.1%.

The total harmonized index of consumer prices is higher by an average of 12.1% in December 2022, compared to December 2021. This is mainly explained by the increase in consumer prices in this period in COICOP subgroups: transport services (46.9%); solid fuels, firewood, pallets (38.8%); oils and fats (30.9%); milk, cheese and eggs (27.8%); bread and cereals (21.1%); meat (20.3%); goods and services for the usual maintenance of household (19.5%); sugar, jam, honey, chocolate and sweets (18.2%); food products (16.6%); maintenance and arrangement of residence (16.1%); fuels and lubricants for personal transport means (14.4%); electricity (11.9%); home and garden tools and equipment (10.4%); hotel services (10.1%); personal care (10.0%); coffee, tea and cocoa (9.1%); furniture and furnishings, carpets and other coverings (8.4%); spare parts and accessories for personal transport means (8.4%); mineral water, soft beverages, fruit and vegetable juices (8.0%); alcoholic beverages (7.9%); other recreational, garden and pet things and equipment (7.1%); personal items (7.0%); fruits (6.6%); vegetables (6.6%); clothing (5.9%); vehicle purchase (5.5%); household appliances (4.9%); tobacco (4.0%); glassware, cutlery and kitchen tools (3.8%); and pharmaceutical products (3.1%); with a common impact of these subgroups by 11.6 percent on HICP.

The average annual inflation rate for 2022 is 11.6%.

The total harmonized index of consumer prices in the country in 2022 was higher at an average of 11.6%, compared to 2021. The increase in the consumer price index during 2022 was observed in COICOP subgroups: oils and fats (44.5%); solid fuels, firewood, pallets, etc. (34.8%); fuels and lubricants for personal transport means (32.7%); bread and cereals (25.2%); gas (25.0%); milk, cheese and eggs (22.0%); meat (17.4%); sugar, jam, honey, chocolate and sweets (17.0%); coffee, tea and cocoa (14.2%); transport services (13.6%); food products (13.2%); hotel services (11.2%); goods and services for the usual maintenance of household (11.0%); maintenance and arrangement of residence (10.6%); home and garden tools and equipment (9.7%); electricity (7.4%); personal care (7.0%); spare parts and accessories for personal transport means (6.3%); household appliances (6.2%); fish (6.2%); fuels and lubricants for personal transport means (6.1%); other recreational, garden and pet things and equipment (5.7%); purchase of vehicles (5.2%); personal items (5.2%); furniture and furnishings, carpets and other floor coverings (5.1%); tobacco (5.0%); alcoholic beverages (4.1%); pharmaceutical products (3.7%); glassware, cutlery and kitchen tools (2.7%), with a combined impact of these subgroups by 11.7 percent on HICP.

Whereas, the decrease of the harmonized index of consumer prices during 2022 was observed in the COICOP subgroup: fruits (-5.4%), with a common impact by (-0.1 percent) on HICP.

For more information about the Harmonized Index of Consumer Prices (HICP) for the month of December 2022, visit: http://ask.rks-gov.net/sq/agjencia-e-statistikave te kosoves/ekomomi/çmimet