Food and transport prices push Albania’s inflation to 3.4% in October

TIRANA, Nov 9 /ATA/ – Albania’s annual inflation rate rose to 3.4% in October 2026, up from 2.3% a year earlier, driven mainly by higher food and transport prices, data from the National Institute of Statistics (INSTAT) showed on Monday.

Consumer prices increased by 0.5% from September, according to INSTAT’s Consumer Price Index (CPI) data.

Food and non-alcoholic beverages made the largest contribution to annual inflation, adding 1.36 percentage points to the overall rate. Transport followed with 0.73 percentage points, while housing, water, electricity, gas and other fuels contributed 0.56 percentage points.

Furniture, household equipment and maintenance added 0.17 percentage points, while recreation, sport and culture contributed 0.15 percentage points and alcoholic beverages and tobacco 0.14 percentage points.

Smaller contributions came from restaurants and accommodation services, at 0.11 percentage points, personal care and miscellaneous goods and services at 0.10 points, insurance and financial services at 0.07 points, health at 0.06 points and education services at 0.05 points.

On an annual basis, transport prices recorded the sharpest increase, rising 11.4%, followed by recreation, sport and culture, up 7.4%, and insurance and financial services, which rose 4.4%.

Food prices increased by 4.0% year-on-year, while housing-related costs rose 2.8%.

On a monthly basis, clothing and footwear recorded the largest price increase, at 1.5%, followed by food and non-alcoholic beverages, up 1.2%. Prices at restaurants and accommodation services fell by 0.1% from September.

/u.sh/

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