Inflation and Impact on the Cost of Living - The Case of Kosovo

Session

Management, Business and Economics

Description

Within the framework of the paper, inflation is treated, including the impact on the consumption of family economies in Kosovo. An important indicator in the economy of a country is inflation. The Covid19 pandemic, among other things, has also affected the economic processes in different countries of the world, as well as having an impact and effects on the economic processes in Kosovo. In addition to inflation or the indicator that measures the cost of living, in this context the consumer price index is used to monitor changes in the cost of living over time. The main goal consists in the analysis of the progress of inflation in Kosovo in recent years. So the purpose of the consumer price index is to measure changes in the cost of living. In the framework of this study, to achieve the objectives, the analysis method, tabular and graphic separately, comparative methods are used, analyzing the dynamics of the issue related to inflation and the impact on the cost of living. Through this study, we consider the results and recommendations given to be taken into consideration by the relevant institutions.

Keywords:

Inflation, consumer price index, consumption, economic processes.

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-50-5

Location

UBT Kampus, Lipjan

Start Date

29-10-2022 12:00 AM

End Date

30-10-2022 12:00 AM

DOI

10.33107/ubt-ic.2022.400

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Oct 29th, 12:00 AM Oct 30th, 12:00 AM

Inflation and Impact on the Cost of Living - The Case of Kosovo

UBT Kampus, Lipjan

Within the framework of the paper, inflation is treated, including the impact on the consumption of family economies in Kosovo. An important indicator in the economy of a country is inflation. The Covid19 pandemic, among other things, has also affected the economic processes in different countries of the world, as well as having an impact and effects on the economic processes in Kosovo. In addition to inflation or the indicator that measures the cost of living, in this context the consumer price index is used to monitor changes in the cost of living over time. The main goal consists in the analysis of the progress of inflation in Kosovo in recent years. So the purpose of the consumer price index is to measure changes in the cost of living. In the framework of this study, to achieve the objectives, the analysis method, tabular and graphic separately, comparative methods are used, analyzing the dynamics of the issue related to inflation and the impact on the cost of living. Through this study, we consider the results and recommendations given to be taken into consideration by the relevant institutions.