Albania inflation rate for 2024 was 2.21%, a 2.55% decline from 2023.
Albania inflation rate for 2023 was 4.76%, a 1.97% decline from 2022.
Albania inflation rate for 2022 was 6.73%, a 4.68% increase from 2021.
Albania inflation rate for 2021 was 2.04%, a 0.42% increase from 2020.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.