The annual inflation rate in Albania stood at 1.8 percent in December 2018, unchanged from the previous month, at the lowest level since January. Prices slowed for housing & utilities (2.2% vs 3.1% in November); transport (1.4% vs 2.5%); recreation & culture (2.7% vs 3.0%) and education (0.7% vs 0.8%). At the same time, cost remained flat for furniture & household equipment while decreased for clothing & footwear (-1.6% vs -0.4%) and health (-0.5% vs -1.0%). Conversely, inflation picked up for food & non-alcoholic beverages (2.8% vs 2.0%), mostly due to vegetables including potatoes (22.9%); alcoholic beverages & tobacco (2.5% vs 1.9%) and restaurants, coffee-houses & hotels (1.2% vs 1.0%). On a monthly basis, consumer prices rose 1.1 percent, after decreasing 0.2 percent in the previous month. Inflation Rate in Albania averaged 2.97 percent from 1995 until 2018, reaching an all time high of 42.08 percent in December of 1997 and a record low of -2.11 percent in March of 2000.

Inflation Rate in Albania is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Albania to stand at 2.80 in 12 months time. In the long-term, the Albania Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Albania Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-09 09:40 AM Inflation Rate YoY 2.1% 2.2% 2.5%
2018-11-08 10:15 AM Inflation Rate YoY 1.9% 2.1% 2.5%
2018-12-11 11:00 AM Inflation Rate YoY 1.8% 1.9% 2.1%
2019-01-10 10:00 AM Inflation Rate YoY 1.8% 1.8% 2.2%
2019-02-08 10:30 AM Inflation Rate YoY 1.8%
2019-03-08 10:30 AM Inflation Rate YoY
2019-04-09 09:30 AM Inflation Rate YoY 2.6%


Albania Prices Last Previous Highest Lowest Unit
Inflation Rate 1.80 1.80 42.08 -2.11 percent [+]
Inflation Rate Mom 1.10 -0.20 45.70 -3.30 percent [+]
Consumer Price Index CPI 105.90 104.80 106.71 78.73 Index Points [+]
Producer Prices 104.00 103.50 104.00 89.50 Index Points [+]
Producer Prices Change 2.83 2.38 6.69 -4.04 percent [+]
Food Inflation 2.18 1.89 8.66 -1.44 percent [+]
Harmonised Consumer Prices 105.40 105.90 108.20 100.20 Index Points [+]
Cpi Housing Utilities 105.30 105.10 105.30 60.90 Index Points [+]
CPI Transportation 102.60 103.80 104.30 73.50 Index Points [+]


Albania Inflation Rate

In Albania, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (36.1 percent of total weight). Housing and Utilities account for 20.3 percent; Furniture, Household Goods and Maintenance for 7.4 percent; Transport for 6.3 percent; Alcoholic beverages and Tobacco for 5 percent and Miscellaneous Goods and Services for 4.9 percent. Clothing and Footwear; Health; Education; Recreation and Culture; Communication and Restaurants and Hotels account for the remaining 20 percent of total weight. This page provides - Albania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Inflation Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.80 42.08 -2.11 1995 - 2018 percent Monthly
2015M12=100, NSA




Country Last Previous
Argentina 47.10 Dec/18
Australia 1.90 Sep/18
Brazil 3.75 Dec/18
Canada 1.70 Nov/18
China 1.90 Dec/18
Euro Area 1.60 Dec/18
France 1.60 Dec/18
Germany 1.70 Dec/18
India 2.19 Dec/18
Indonesia 3.13 Dec/18
Italy 1.10 Dec/18
Japan 0.80 Nov/18
Mexico 4.83 Dec/18
Netherlands 2.00 Dec/18
Russia 4.30 Dec/18
Saudi Arabia 2.80 Nov/18
Singapore 0.30 Nov/18
South Africa 5.20 Nov/18
South Korea 1.30 Dec/18
Spain 1.20 Dec/18
Switzerland 0.70 Dec/18
Turkey 20.30 Dec/18
United Kingdom 2.10 Dec/18
United States 1.90 Dec/18


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