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Inflation 1.7% in Nov.2017, decreases compared to Nov.2016

Inflation 1.7% in Nov.2017, decreases compared to Nov.2016

Inflation reached 1.7% during the month of November, according to the Albanian Institute of Statistics.

The official report shows that prices for consumption products increased due to the increase of prices of products like foods and alcoholic drinks, house rents, and transportation services.

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Prices of fruits and vegetables increased respectably by 20.8% and 11% while prices of oils and fats decreased by 3.3%.

Compared to previous years, prices of food products and alcoholic beverages decreased by 0.8% while the prices for transportation services increased by 1.3%.

In November 2016, inflation registered at 1.9%, according to the statistics.

News source: ATA
Photo credits: Visual Hunt

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