November with mixed signals, inflation increases, food prices cross the "red line"

Nga Marjo Brakaj
2024-12-10 18:29:00 | Ekonomi

November with mixed signals, inflation increases, food prices cross the

The wave of inflation is under control, but the price crisis continues to show signs of reawakening. November also produced mixed signals, with inflation rising to 2 percent after 5 months of decline. The indicator of money devaluation in relation to price appreciation increased by 0.1 percent in relation to October, but still remaining significantly below last year's rates.

November with mixed signals, inflation increases, food prices cross the

"Not that nothing has fallen, but prices have increased. They lie. This is terrible. These are filling up and we are emptying out", says a citizen.

Even more disturbing are the signals transmitted during November regarding the prices of food and beverages. Inflation in September in this product category "jumped" to 3.2 percent, continuing to cross the "red line"... that 3 percent.

November with mixed signals, inflation increases, food prices cross the

"The part related to basic services and food continues to occupy a significant part in family portfolios. A significant part of them comes from imports. The offer continues to be inconsistent, so it affects the increase in prices depending on the foreign markets", declared Civici.

The reasons for this paradox, which is often repeated, confirming that the price crisis has not ended, lie in several directions.

November with mixed signals, inflation increases, food prices cross the

"Seasonality also has an impact. There are fluctuations in demand with supply Prices on the high side. Growth is happening more easily. If the prices did not increase, we would not have inflation at all", said Civici.

Despite past off-season tourist inflows, bar and restaurant inflation in November remained pegged at an all-time low of 1.8 percent for the fourth month in a row.

  (A2 Televizion)

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