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INSTAT: Economy grew by 3.26% in first three quarters of 2016

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10 years ago
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TIRANA, Jan. 12 – The Albanian economy is estimated to have grown by an average of 3.26 percent in the first three quarters of last year and is on track to achieving the government 2016 target of 3.4 percent, state statistical institute, INSTAT, unveiled this week. Fuelled by the peak tourism season, the economy grew by 3.1 percent in the third quarter of the year with “trade, hotels, restaurants and transport” and the long-ailing construction sector being the key drivers of growth. Financial and insurance services and agriculture also had a positive impact. Industry, energy and water negatively contributed by…

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