Consumer prices in Kosovo dropped 0.2 percent year-on-year in October of 2020, following a 0.4 percent fall in the prior month. It was the fourth consecutive month of decreases in consumer prices, as costs continued to fall for transport (-8 percent vs -7.1 percent in September); furnishings (-0.5 percent vs -1 percent); clothing & footwear (-0.5 percent vs -0.8 percent) and recreation & culture (-0.5 percent vs -0.7 percent). Conversely, prices rose faster mostly for food & non-alcoholic beverages (1.9 percent vs 0.9 percent). On a monthly basis, consumer prices were up 0.2 percent, after falling 0.1 percent in the previous month. source: Kosovo Agency of Statistics

Inflation Rate in Kosovo averaged 1.99 percent from 2003 until 2020, reaching an all time high of 14.20 percent in May of 2008 and a record low of -4.40 percent in May of 2009. This page provides the latest reported value for - Kosovo Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kosovo Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Inflation Rate in Kosovo is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Kosovo to stand at 1.10 in 12 months time. In the long-term, the Kosovo Inflation Rate is projected to trend around 1.50 percent in 2021 and 1.90 percent in 2022, according to our econometric models.

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Kosovo Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.40 14.20 -4.40 2003 - 2020 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-11 12:30 PM Jul -0.1% 0.1% 0.3%
2020-09-11 12:30 PM Aug -0.5% -0.1% -0.2%
2020-10-12 12:30 PM Sep -0.4% -0.5% -0.1%
2020-11-11 01:30 PM Oct -0.2% -0.4% -0.3%
2020-12-11 01:30 PM Nov -0.2%
2021-01-11 03:00 PM Dec
2021-02-15 01:30 PM Jan
2021-03-11 01:20 PM Feb


News Stream
Kosovo CPI Falls for 4th Month
Consumer prices in Kosovo dropped 0.2 percent year-on-year in October of 2020, following a 0.4 percent fall in the prior month. It was the fourth consecutive month of decreases in consumer prices, as costs continued to fall for transport (-8 percent vs -7.1 percent in September); furnishings (-0.5 percent vs -1 percent); clothing & footwear (-0.5 percent vs -0.8 percent) and recreation & culture (-0.5 percent vs -0.7 percent). Conversely, prices rose faster mostly for food & non-alcoholic beverages (1.9 percent vs 0.9 percent). On a monthly basis, consumer prices were up 0.2 percent, after falling 0.1 percent in the previous month.
2020-11-11
Kosovo CPI Falls for 3rd Month
Consumer prices in Kosovo decreased 0.4 percent year-on-year in September of 2020, following a 0.5 percent drop in August. It was the third consecutive month of falls in consumer prices, as cost continued to drop for transport (-7.1 percent, the same as in August); furniture & household goods (-1 percent vs -0.4 percent); clothing & footwear (-0.8 percent vs -0.2 percent) and recreation & culture (-0.7 percent vs -1.5 percent). On the other hand, prices rebounded for housing & utilities (0.1 percent vs -0.4 percent) and rose further for food & non-alcoholic beverages (0.9 percent vs 0.8 percent). On a monthly basis, consumer prices went down 0.1 percent, after increasing 0.1 percent in August.
2020-10-12
Kosovo Deflation Deepens in August
Consumer prices in Kosovo decreased 0.5 percent from a year earlier in August of 2020, after dropping 0.1 percent in the prior month. Main downward pressure came from prices of transport (-7.1 percent vs -7.5 percent in July); recreation & culture (-1.5 percent vs -1.4 percent ); housing & utilities (-0.4 percent vs 0.1 percent); furnishings (-0.4 percent vs 0.3 percent) and clothing & footwear (-0.2 percent vs 0.2 percent). Also, inflation slowed for food & non-alcoholic beverages (0.8 percent vs 1.7 percent). On a monthly basis, consumer prices edged up 0.1 percent, following a 0.3 percent decrease in the previous month.
2020-09-11
Kosovo Consumer Prices Drop 0.1% YoY in July
Consumer prices in Kosovo decreased by 0.1 percent in July of 2020 after rising 0.1 percent in the previous month. It was the first month of deflation since January of 2018, led by prices of transport (-7.5 percent vs -8.8 percent) and recreation & culture (-1.4 percent vs -1 percent). Concomitantly, inflation slowed for food & non-alcoholic beverages (1.7 percent vs 2.4 percent); housing & utilities (0.1 percent vs 0.8 percent) and furnishings (0.3 percent vs 0.6 percent). On a monthly basis, consumer prices were down by 0.3 percent, following a 0.4 percent decrease in the preceding month.
2020-08-11

Kosovo Inflation Rate
In Kosovo, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (39.2 percent of total weight). Transport accounts for 13.1 percent; Furniture, Household Goods and Maintenance for 8.7 percent; Housing and Utilities for 7.9 percent; Alcoholic beverages and Tobacco for 5.2 percent and Miscellaneous Goods and Services for 4.9 percent. Recreation and Culture; Clothing and Footwear; Communication; Restaurants and Hotels; Health and Education account for the remaining 21 percent of total weight.