Albania Inflation Eases in August

The annual inflation rate in Albania fell to 3.2% in August 2026 from 3.4% in the previous month. Prices eased for food and non-alcoholic beverages (2.8% vs 3.5% in July), housing & utilities (3.7% vs 4.1%), furnishings & household equipment (2.8% vs 3.3%), miscellaneous goods & services (2.8% vs 3.1%), alcoholic beverages & tobacco (2.4% vs 3%), health (1.8% vs 1.9%), recreation & culture (5.4% vs 6%), and restaurants & hotels (2.3% vs 2.7%). Also, cost fell further for clothing & footwear (-3.2% vs -1.8%) and communications (-1% vs -0.9%). On the other hand, prices accelerated for transport (12% vs 8%). On a monthly basis, consumer prices went up 0.1%, after a 0.2% gain in July.

Albania’s annual inflation rate accelerated to 3.4% in July 2026 from 3.2% in June, remaining at its highest level since January 2024. The increase was mainly driven by a sharp acceleration in transport inflation (8% vs 3.2%), alongside higher inflation for food (3.5% vs 3%), furnishings (3.3% vs 2.7%) and health (1.9% vs 1.7%). Inflation for education services stood at 2.3%. Meanwhile, inflation eased for housing and utilities (4.1% vs 4.7%), recreation and culture (6% vs 6.1%), restaurants and hotels (2.7% vs 3.3%) and insurance and financial services (4.5% vs 5.1%). Deflation deepened for clothing and footwear (-1.8% vs -0.9%), while prices for information and communication fell 0.9%, reversing a 0.6% increase. On a monthly basis, consumer prices rose 0.2%, rebounding from a 0.1% decline in June.

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.