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Albania’s inflation reaches 3.7% in July

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1 min read
18 years ago
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TIRANA, Sep 1 – According to data of the Albanian statistics office, the inflation rate in Albania in July reached 3.7% compared to 2.1% in the same period of last year.
The national consumption price index was 0.6% less compared to the previous month, Tirana’s office of the Italian Foreign Trade Institute (ICE) announced.
As regards the sector of foods and soft drinks, the index decreased by 1.6% representing an incidence equal to down 0.6% on the total variation in July.
The biggest reduction equal to a drop of 10.2% regards the vegetables, while for the fruits there was a decrease by 6.5%.
The index in the sector of clothing and footwear registered a decrease of 0.1%. A progress on the rise, equal to up 2.3% was verified in the oil sector.
The transport sector also registered an increase with 1.8%.

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Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

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