INSTAT: GDP grows by 4% in year’s first half, household consumption twice lower

Tirana Times
By Tirana Times October 3, 2017 17:28

INSTAT: GDP grows by 4% in year’s first half, household consumption twice lower

Story Highlights

  • The poor consumption levels also indicated by the volume of retail sales growing by a mere 1.6 percent in the April-June period reflects credit struggling to recover to positive growth rates amid declining but still high level of non-performing loans and poor consumer confidence and expectations in the pre- and post-election period.

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