January inflation rate hints 3% target will be difficult to meet

Tirana Times
By Tirana Times February 14, 2019 13:56

January inflation rate hints 3% target will be difficult to meet

Story Highlights

  • Sluggish domestic consumption and the euro’s free fall effect hint inflation rate will linger around the same 2 percent levels even for 2019, missing the central bank’s 3 percent target for the seventh year in a row. Latest data published by INSTAT, the state-run statistical institute, shows consumer prices rose by an annual 1.9 percent in January 2019, up from a 1.7 percent hike in January 2018, hinting the Albanian government and central bank’s target of inflation picking up to 2.7 percent in 2019 and meeting the 3 percent target in 2020 will be difficult to achieve

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TIRANA, Feb. 14 – Sluggish domestic consumption and the euro’s free fall effect hint inflation rate will linger around the same 2 percent levels even for 2019, missing the central

Tirana Times
By Tirana Times February 14, 2019 13:56