INSTAT: Inflation rate hit 5-year high of 2% in 2017

Tirana Times
By Tirana Times January 10, 2018 15:17

INSTAT: Inflation rate hit 5-year high of 2% in 2017

Story Highlights

  • The recovery comes after consumer prices hit a 16-year low of 1.3 percent in 2016 and reflects rising global oil and food prices, but also sluggish domestic consumption as the economy has been growing between 3 to 4 percent in the past couple of years, mainly thanks to some major energy-related investment

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TIRANA, Jan. 10 – Albania’s inflation rate hit a five-year high of 2 percent in 2017, but continued remaining below the central bank’s 3 percent target estimated to have a

Tirana Times
By Tirana Times January 10, 2018 15:17