Kosovan annual report notes inflation jump

kosovo-central-bank

The Central Bank of the Republic of Kosovo revealed the economy's inflation rate more than doubled in 2011, while the country's growth rate continued its upward trend.

Kosovo's CPI rose from 3.5% in 2010 to 7.3% in 2011, which the central bank's annual report attributed to an increase in the price of food products and fuel derivatives.

Meanwhile, GDP grew by 5% in 2011 – up from 4% in 2010 and 2.9% in 2009 – driven by the private sector through an increase in consumption and investment. The

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