
Of the 51 groups of goods and services used to measure average inflation, prices in 34 of them increased more than the average throughout 2024.
According to INSTAT data, in 2024 inflation reached 2.2 percent, but most groups of the basket of goods increased above this level.
According to the graph below, the highest price increases in 2024 were for vegetables (6.2%), air conditioners (5.4%), and hotel accommodation (5.2%). Children's clothing (5.1%), household goods and services (4.8%) also increased above average. The water tariff, which is regulated by the state through the Water Regulatory Authority, has also increased more than average inflation.
Detailed data show that increases above average inflation have been mainly recorded in food and household goods.
All goods and services related to the home, such as household appliances, upholstery, and furniture, have increased by 2.5 to 4%.
On the other hand, during the past year, average prices have decreased for 6 groups of goods and services.
The largest decline was experienced by the "Oils and Fats" group with -2.7 percent compared to 2023, reflecting the high price base in this product after the war in Ukraine where the price of fats in global markets reached a record during 2022-2023.
Prices of means of transport also decreased by 2.4 percent compared to 2023, followed by audiovisual equipment by -2.4%, services related to means of transport by -2.1% and fruit prices that decreased by -0.9%.
Fruits are a major component of inflation in our country, due to their high weight in the basket of goods.
Fruit prices usually increase more than the average inflation rate, but their price also depends on the performance of domestic production. For example, in cases of drought or frost, fruit production is often damaged, as in 2023, and their price increases due to imported supplies.
For 9 other groups of goods and notes, prices have increased less than the average inflation of 2.2% in 2024. Groups such as children's shoes, mineral water, coffee, non-alcoholic beverages, bread, and dishwashers and hospital services have increased less than the average inflation.
The monthly consumer goods basket in our country is still dominated by food. Data shows that about 60 percentage points of inflation are made up of the increase in food prices.
According to INSTAT, food and non-alcoholic beverages account for 40 percent of monthly expenses in Albanian families in 2023. Albania ranks first in Europe for the high share of food in the monthly expenses of its residents, an indicator of the high level of relative poverty./ Monitor.al
Latest news



Former Board Member: Albanian American Fund, Rama and Soros' corrupt "tool"
2025-02-08 21:13:38
Tirana/ A person attempts to set himself on fire near a gas station
2025-02-08 20:45:25

Washington Examiner: Edi Rama led Albanian organized crime groups
2025-02-08 19:59:28

Berisha leaves for the airport immediately after his protest speech
2025-02-08 19:21:05
February 8, opposition protest, presentation of the rally through photos
2025-02-08 19:04:15
Opposition protest ends
2025-02-08 18:52:27






Meta "appears" on the podium during the opposition protest
2025-02-08 18:05:35





"An eye for an eye and a pocket for a pocket", banners at the opposition rally
2025-02-08 17:07:46
The youth of Vlora have a message for Rama: EDVIN, YOU'RE DONE!
2025-02-08 16:58:56
Opposition protest/Democrats gather at DP headquarters
2025-02-08 16:50:51
Korça/ Indian man loses his life at work, working in a quarry
2025-02-08 16:40:16
Democratic Party protest, 1200 officers on the ground
2025-02-08 16:26:34

Protest/ Rama "river" of insults against Berisha: The old owl of the swamp
2025-02-08 15:55:04





A 60-year-old man in Tirana died after falling from a scaffold while working.
2025-02-08 13:56:25
Southern cattle farmers protest: State should increase subsidies
2025-02-08 13:37:04
Accident on the Peqin-Elbasan axis, three injured
2025-02-08 13:17:48
Today in the square for the decolonization of Albania!
2025-02-08 13:01:38


25-year-old arrested in Lushnja, stabbed a person
2025-02-08 11:56:19



Iran's Supreme Leader Rejects Possibility of Nuclear Talks with US
2025-02-08 10:40:58



Parliamentary elections in Kosovo, EU demands maintenance of standards
2025-02-08 09:39:43
Voting begins at Kosovo's diplomatic missions around the world
2025-02-08 09:18:49
Competition with hotels and informality up to 50%
2025-02-08 09:02:57

Foreign exchange, the rate at which foreign currencies are sold and bought
2025-02-08 08:41:56
Horoscope, what do the stars have in store for you today?
2025-02-08 08:25:16
Clear but cold weather, what are the temperatures expected to be like today?
2025-02-08 08:13:10
Morning Post/ In 2 lines: What mattered yesterday in Albania
2025-02-08 08:01:16
With low temperatures, what is the weather forecast for the weekend?
2025-02-07 22:54:47


The granddaughter of Ulsi Manja, owner of the Bushati landfill
2025-02-07 21:55:28
Russia aims to tighten rules for exemption from military service
2025-02-07 21:33:11
DP political leaders will not compete in the primaries, Noka reveals the reasons
2025-02-07 21:24:00
Vehicle engulfed in flames in Zvërnec
2025-02-07 21:07:45

An 11-year-old boy dies in Durres hospital
2025-02-07 20:38:43
Iran warns US: We will respond to threats
2025-02-07 20:19:58
Karen Pierce appointed UK envoy for the Western Balkans
2025-02-07 20:17:21
(Mos) zgjidhja e krizës së mbetjeve të dyshuara toksike në Durrës
2025-02-07 19:51:05

Algerian boxer Imane Khelif expelled from World Boxing Championships
2025-02-07 19:28:05
Albania supports the International Criminal Court against Trump sanctions
2025-02-07 19:22:01



Trump to talk to world leaders about cutting USAID workforce
2025-02-07 18:39:25

Gjirokastër/ Ambulance accident, patient injured
2025-02-07 18:04:20
Korça/ 29-year-old man goes to hospital with knife wound
2025-02-07 17:56:47
Attack in Banjska, EU calls on Serbia again: Bring those responsible to justice
2025-02-07 17:45:01

Marcelo retires from football at the age of 36
2025-02-07 17:23:11
Trump imposes sanctions on the International Criminal Court
2025-02-07 17:17:47


Vehicle collides with van on Gramsh-Cërrik axis, 3 injured
2025-02-07 16:40:49
Alimehmeti: Albania is in the midst of a flu epidemic
2025-02-07 16:33:09
SPAK as a concession of SOROS!
2025-02-07 16:14:48
Are the Chinese cameras that will monitor the elections in Kosovo worrying?
2025-02-07 16:08:19


Fight between teenagers in Saranda, 15-year-old injured, perpetrator identified
2025-02-07 15:32:00

Noc Rroku came out in Shpirag
2025-02-07 15:19:59
Residents are alarmed! River in Argentina turns red
2025-02-07 15:03:10
Fire in a hotel in Saranda, the first floor is burned down
2025-02-07 15:00:49
Nagip Krasniqi pleads not guilty to abuse charges
2025-02-07 14:49:04
A prostitution ring is busted in Vlora, a Ukrainian woman is wanted
2025-02-07 14:41:02
Albania, the Sorosian garden of Southeast Europe
2025-02-07 14:30:15
Tragic accident in Vlora, 40-year-old arrested for fatally hitting pedestrian
2025-02-07 14:23:34