2010.09.1012:28:00UTC+00Albania Inflation Quickens In August

Consumer price inflation in Albania accelerated for a second straight month in August, the Institute of Statistics said Friday.

The annual inflation edged up to 3.5% in August from 3.4% in July. A year earlier, inflation was at 2.2%. Compared to the previous month, the consumer price index rose 0.8%.

Year-on-year, prices of food and non-alcoholic beverages rose 1.7% during the month and prices of alcoholic beverages and tobacco increased 0.5%. Meanwhile, there was a 0.5% decline in prices of clothing and footwear. Transport costs, however, remained flat.

The price index for medical care increased 1.9% from the same month last year, while the index for rent, water, fuel and power rose 0.5%.

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