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Albania Annual Inflation at 2024-Highs

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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.
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