{"id":27051,"date":"2021-12-10T14:00:34","date_gmt":"2021-12-10T13:00:34","guid":{"rendered":"http:\/\/euronews.al\/en\/?p=27051"},"modified":"2021-12-10T14:01:21","modified_gmt":"2021-12-10T13:01:21","slug":"prices-hit-10-year-high-oil-and-food-items-hit-the-hardest","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/","title":{"rendered":"Prices hit 10-year high in Albania \u2013 oil and food items hit the hardest"},"content":{"rendered":"<p>Albanian citizens are faced with the highest price growth in 10 years, with prices suffering a significant spike during the month of November.<\/p>\n<p>Fuel and food products were sold at a much higher price than the previous months. Inflation in November reached 3.1% &#8211; the highest rate in the last 10 years.<\/p>\n<p>The price of items in the basic food basket also saw a rise in November. Amongst them, the items experiencing the biggest growth were vegetable oil, milk, bread and eggs.<\/p>\n<p>Meat and sugar were also sold at a higher price, as compared to last year, these products were 5% more expensive or an additional 1.700 Albanian Lek that an average family needs to procure each month.<\/p>\n<p>This wasn\u2019t all. For all car owners, every liter of fuel cost 20 Lek more.<\/p>\n<p>Citizens are also paying more for products in caf\u00e9 and restaurants \u20132.4% more, to be precise.<\/p>\n<p>INSTAT reports that the 3.1% inflation rate reached in November, has been the highest fluctuation that we hadn\u2019t seen since 2011.<\/p>\n<p>In fact, according to the Bank of Albania, which is the one making decisions in the market, inflation should go past 3%.<\/p>\n<p>Recovery from the pandemic has had a detrimental effect on the price crisis, which doesn\u2019t seem like it is going to stop any time soon.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/11\/05\/construction-and-consumption-to-boost-the-albanian-economy-by-8-according-to-ebrd\/\">Construction and consumption to boost the Albanian economy by 8%, according to EBRD<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/programs\/now\/2021\/11\/01\/coming-out-of-a-4-recession-our-economy-is-growing-says-former-minister\/\">Coming out of a -4% recession, our economy is growing, says former minister \u00a0<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2021\/10\/06\/local-economy-to-grow-by-7-2-world-bank-slow-growth-in-the-2-years-that-follow\/\">Local economy to grow by 7.2% in 2021 but slow back down over the next 2 years<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Albanian citizens are faced with the highest price growth in 10 years, with prices suffering a significant spike during the month of November. Fuel and food products were sold at a much higher price than the previous months. Inflation in November reached 3.1% &#8211; the highest rate in the last 10 years. The price of [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":27052,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[150,151],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prices hit 10-year high in Albania \u2013 oil and food items hit the hardest - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prices hit 10-year high in Albania \u2013 oil and food items hit the hardest - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"Albanian citizens are faced with the highest price growth in 10 years, with prices suffering a significant spike during the month of November. Fuel and food products were sold at a much higher price than the previous months. Inflation in November reached 3.1% &#8211; the highest rate in the last 10 years. The price of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-10T13:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-10T13:01:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/12\/Foto-ilustruese-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"780\" \/>\n\t<meta property=\"og:image:height\" content=\"439\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"Prices hit 10-year high in Albania \u2013 oil and food items hit the hardest\",\"datePublished\":\"2021-12-10T13:00:34+00:00\",\"dateModified\":\"2021-12-10T13:01:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\"},\"wordCount\":266,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/12\/Foto-ilustruese-3.jpg\",\"keywords\":[\"Kryesor 1\",\"Kryesoret\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\",\"url\":\"https:\/\/euronews.al\/en\/prices-hit-10-year-high-oil-and-food-items-hit-the-hardest\/\",\"name\":\"Prices hit 10-year high in Albania \u2013 oil and food items hit the hardest - 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