Inflation Albania 2022
Average inflation: 6.7%
Current Inflation
Inflation is very high at 6.7%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 8.3%. The lowest inflation was in January at 3.7%.
- Highest month
- October: 8.3%
- Lowest month
- January: 3.7%
- Difference
- 4.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 14.2%. The lowest price increase was in Core inflation with an average of 6.5%.
- Highest increase
- Energy: 14.2%
- Lowest increase
- Core inflation: 6.5%
Historical Context
Current inflation is 4.0% higher than the 5-year average of 2.7%. This approaches the highest level since records began (6.7% in 2022).
- 5-year average
- 2.7%
- 10-year average
- 2.3%
- All-time high (2022)
- 6.7%
- All-time low (2016)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.7 percentage point.
- Change vs. previous year
- +4.7 percentage points
- Largest monthly swing
- October: +5.9 percentage points
ECB Target
Inflation is 4.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 3.7% | +3.3 |
| February | 3.9% | +2.8 |
| March | 5.7% | +4.5 |
| April | 6.2% | +4.3 |
| May | 6.7% | +4.9 |
| June | 7.4% | +5.8 |
| July | 7.5% | +5.3 |
| August | 8.0% | +5.6 |
| September | 8.1% | +5.6 |
| October | 8.3% | +5.9 |
| November | 7.9% | +4.8 |
| December | 7.4% | +3.7 |
| Average | 6.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.