The annual inflation rate in Kosovo inched higher to 2.0 percent in May of 2021, following a 1.9 percent increase in the previous month. It was the highest inflation rate since October of 2019, as prices soared in transports (9.0 percent vs 7.5 percent in April) and continued to rise significantly for communications (16.3 percent, the same as in the prior month). On the other hand, prices declined further in food (-0.3 percent vs -0.1 percent), housing & utilities (-2.4 percent vs -2.6 percent), and clothing & footwear (-0.6 percent vs 0.0 percent). On a monthly basis, consumer prices edged down 0.2 percent, reversing from a 0.3 percent rise in the prior month. source: Kosovo Agency of Statistics

Inflation Rate in Kosovo averaged 1.95 percent from 2003 until 2021, 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 June of 2021.

Inflation Rate in Kosovo is expected to be 2.40 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 1.50 in 12 months time. In the long-term, the Kosovo Inflation Rate is projected to trend around 1.50 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Kosovo Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.90 14.20 -4.40 2003 - 2021 percent Monthly
2015=100


Calendar GMT Actual Previous Consensus TEForecast
2021-03-11 03:30 PM Feb 0.7% -0.2% 0.1%
2021-04-12 12:20 PM Mar 1.2% 0.7% 0.9%
2021-05-11 01:00 PM Apr 1.9% 1.2% 1.5%
2021-06-10 12:30 PM May 2% 1.9%
2021-07-12 12:30 PM Jun 2%
2021-08-11 12:30 PM Jul
2021-09-10 12:30 PM Aug
2021-10-11 12:30 PM Sep


News Stream
Kosovo Inflation Rate Rises to 20-Month High
The annual inflation rate in Kosovo inched higher to 2.0 percent in May of 2021, following a 1.9 percent increase in the previous month. It was the highest inflation rate since October of 2019, as prices soared in transports (9.0 percent vs 7.5 percent in April) and continued to rise significantly for communications (16.3 percent, the same as in the prior month). On the other hand, prices declined further in food (-0.3 percent vs -0.1 percent), housing & utilities (-2.4 percent vs -2.6 percent), and clothing & footwear (-0.6 percent vs 0.0 percent). On a monthly basis, consumer prices edged down 0.2 percent, reversing from a 0.3 percent rise in the prior month.
2021-06-10
Kosovo Inflation Rate Quickens in April
Consumer prices in Kosovo jumped 1.9 percent year-on-year in April of 2021, after having increased by 1.2 percent in the previous month. This was the highest inflation rate since October of 2019, as prices soared for transports (7.5 percent vs 2.5 percent in March) and continued to rise significantly for communications (16.3 percent vs 16.2 percent). Nevertheless, food prices declined for the first time in nearly 5 years (-0.1 percent vs 0.1 percent), while deflation quickened for housing & utilities (-2.6 percent vs -2.3 percent). On a monthly basis, consumer prices went up 0.3 percent, easing from the 0.4 percent rise in the prior month.
2021-05-11
Kosovo Inflation Rate Rises to 14-Month High
Consumer prices in Kosovo grew 1.2 percent year-on-year in March of 2021, the most since January 2020, after having increased by 0.7 percent in the previous month. Main upward pressure came from the rebound in the prices of transport (2.5 percent vs -2.8 percent). Cost also rose for alcoholic beverages, tobacco (3.6 percent vs 3.7 percent) and miscellaneous goods and services (1.2 percent vs 1.7 percent). In addition, prices declined at a slower pace for housing & utilities (-2.3 percent vs -2.6 percent), while food inflation flattened during this period (0.1 percent vs 0.7 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.7 percent in the prior month.
2021-04-12
Kosovo Consumer Prices Fall in January
Consumer prices in Kosovo edged down 0.2 percent year-on-year in January of 2021, after a 0.1 percent rise in the previous month. Main downward pressure came from prices of fruits (-13.4 percent) and vegetables (-8.4 percent); electricity (-10.8 percent); glass, cutlery, and kitchen utensils (-4.3) and vehicles (-1.4 percent). On a monthly basis, consumer prices went up 0.5 percent after a 0.6 percent increase in the previous month.
2021-02-12

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.