Albania’s annual inflation rate reached 3.4% in October 2026, up from 2.3% in the same month last year. Consumer prices also rose by 0.5% compared with September, according to the Institute of Statistics (INSTAT).

Food and non-alcoholic beverages made the largest contribution to annual inflation, adding 1.36 percentage points. Transport contributed 0.73 percentage points, while housing-related costs, including rent, water, electricity, gas and other fuels, added 0.56 percentage points.

Annual price increases were highest in transport, at 11.4%, followed by recreation, sport and culture at 7.4%. Insurance and financial services rose by 4.4%, while food prices increased by 4% and housing-related costs by 2.8%.

On a monthly basis, clothing and footwear recorded the largest increase, at 1.5%. Food and non-alcoholic beverages followed with a 1.2% rise. Meanwhile, prices at restaurants and accommodation services fell by 0.1% compared with September.

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