Albania Annual Inflation at 2024-Highs

2026-07-08 11:32 By Larissa Caser 1 min. read

Albania’s annual inflation rate accelerated to 3.2% in June 2026, reaching its highest level since January 2024, up from 3.0% in May.

The increase was mainly driven by stronger price growth in food and non-alcoholic beverages (3.0% vs. 2.2%) and housing and utilities (4.8% vs. 4.2%).

Inflation also picked up for restaurants and hotels (3.3% vs. 3.0%), alcoholic beverages and tobacco (3.5% vs. 3.4%), recreation and culture (6.1% vs. 4.2%), education (2.3% vs. 2.1%), and health (1.7% vs. 1.6%).

Meanwhile, price growth slowed for transport (3.2% vs. 7.8%), furnishings and household equipment (2.7% vs. 2.8%), and communications (0.6% vs. 0.5%), while clothing and footwear prices fell further (-0.9% vs. -0.5%).

On a monthly basis, consumer prices declined 0.1% in June, extending the fall from 0.04% in May.



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Albania Annual Inflation at 2024-Highs
Albania’s annual inflation rate accelerated to 3.2% in June 2026, reaching its highest level since January 2024, up from 3.0% in May. The increase was mainly driven by stronger price growth in food and non-alcoholic beverages (3.0% vs. 2.2%) and housing and utilities (4.8% vs. 4.2%). Inflation also picked up for restaurants and hotels (3.3% vs. 3.0%), alcoholic beverages and tobacco (3.5% vs. 3.4%), recreation and culture (6.1% vs. 4.2%), education (2.3% vs. 2.1%), and health (1.7% vs. 1.6%). Meanwhile, price growth slowed for transport (3.2% vs. 7.8%), furnishings and household equipment (2.7% vs. 2.8%), and communications (0.6% vs. 0.5%), while clothing and footwear prices fell further (-0.9% vs. -0.5%). On a monthly basis, consumer prices declined 0.1% in June, extending the fall from 0.04% in May.
2026-07-08
Albania Inflation Rate Picks Up to 28-Month High
The annual inflation rate in Albania accelerated to 3% in May 2026, the highest since January 2024, from 2.8% in the previous month. Prices rose faster for food and non-alcoholic beverages (2.2% vs 1.3% in April), health (1.6 vs 0.8%), education (2.1% vs 2%), recreation & culture (4.2% vs 3.7%), restaurants & hotels (3% vs 2.8%), alcoholic beverages & tobacco (3.4% vs 2.7%) and miscellaneous goods & services (3% vs 2.7%). Meanwhile, inflation was steady for furnishings & household equipment (at 2.8%) and cost eased for transport (7.8% vs 8.5%), housing & utilities (4.2% vs 4.7%) and communications (0.5% vs 0.6%). Also, prices fell for clothing & footwear (-0.5% vs 0.1%). On a monthly basis, consumer prices were little changed, after a 0.3% increase in April.
2026-06-08
Albania Annual Inflation Climbs Further to 2.8%
Albania's annual inflation rate accelerated to 2.8% in April 2026, up from 2.6% in March and marking its highest level since February 2024. Upward price pressures were mainly due to transport prices, which rose 8.5% from 7.5% in the previous month, followed by furnishings (2.8% versus 2.6%), restaurants and hotels (2.8% versus 2.4%), alcoholic beverages and tobacco (2.7% versus 2%), health (0.8% versus 0.6%), education (2% versus 1.9%) and recreation and culture (3.7% versus 2.9%). In contrast, housing and utilities price growth eased slightly to 4.7% from 4.8%, while food price growth stood at 1.3%. On a monthly basis, consumer prices rose 0.3% from 0.7% in March.
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