Harmonized Index of Consumer Prices, September 2020
The Kosovo Agency of Statistics (KAS) has published the "Harmonized Index of Consumer Prices" (HICP) in September 2020, with the base year 2015 = 100.
Monthly inflation measured by the harmonized consumer price index was (-0.1%) in September 2020.
The total harmonized consumer price index decreased by an average of (-0.1%) in September 2020, compared to August 2020. This is mainly explained by the decrease in consumer prices in the COICOP subgroups: fruit (-9.3%); use of personal transport means (-0.4%) - (decrease in oil and gasoline prices); organized trips (-2.3%); hotel services (-06%), with a combined impact of these subgroups by (-0.3%) on the HICP.
Whereas, price increase is observed in the COICOP subgroups: vegetables (4.2%); electricity, gas and other fuels (1.9%) - (increase in wood prices for heating), with a combined impact of these subgroups by 0.2 percent on the HICP.
The annual inflation rate measured in September 2020 to September 2019 was (-0.4%).
The total harmonized consumer price index decreased by an average of (-0.4%) in September 2020, compared to September 2019. This is mainly explained by the decrease in consumer prices in this period in the COICOP subgroups: milk, cheese and eggs (-2.1%); fruit (-3.5%); clothing (-1.3%); glassware, cutlery and kitchen utensils (-5.5%); use of personal transport means (-14.5%) - (decrease in oil and gasoline prices), with a common impact of these subgroups by (-1.4) percent on the HICP.
While price increases are observed in the COICOP subgroups: bread and cereals (2.6%); meat (1.5%); sugar, jam, honey, chocolate and cakes (3.1%); water, soft drinks, fruit and vegetable juices (2.9%); tobacco (2.2%); medical products, apparatus and equipment (4.7%); outpatient services (5.5%); hotel services (1.8%); personal care (2.1%); insurance (19.7%) - (increase in vehicle insurance prices), with a combined impact of these subgroups by 1.0 percent on the HICP.