Harmonized Index of Consumer Prices, January 2019

  • 15/02/2019

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

Monthly inflation measured by the Harmonized Index of Consumer Prices was 0.4% in January 2019 compared with December 2018. This is mainly explained by the increase of the consumer prices in COICOP subgroups: bread and cereal (2.1%); fruit (1.9%); vegetables (15.7%); tobacco (1.6%); vehicle purchase (1.2%), with a common impact of these subgroups by 0.9 percent in the HICP.

The increase was counteracted by the decrease of the consumer prices in COICOP subgroups: clothing (-2.6%); use of personal transport means (-4.4%); the decrease of oil and gasoline prices, transport services (-5.4%); the decrease of prices of air transport tickets, with a common impact of these subgroups by (-0.5) percent in the HICP.

The annual inflation rate measured in January 2019 with January 2018 was 3.1%.

The total harmonized index of consumer prices was higher by 3.1% in January 2019 compared to January 2018. This is mainly explained by the increase of the consumer prices in this period to COICOP subgroups: bread and cereal (10.0%); meat (4.3%); milk, cheese and eggs (5.8%); vegetables (27.2%); alcoholic beverages (3.9%); tobacco (3.5%); use of personal transport means (5.1%); increase of oil and gasoline prices, hotel services (1.7%); personal care (2.3%), with a common impact of these subgroups by 3.4% in the HICP.

The increase was counteracted mainly by the decrease of the consumer prices in COICOP subgroups: fruit (-11.8%); clothing (-2.5%), with a common impact of these subgroups by (-0.3%) in the HICP.