News

The employment rate in Tr. 4 2023 in developed countries and in the Western Balkans

The employment rate in Tr. 4 2023 in developed countries and in the Western Balkans OECD[1] employment and labour force participation rates remained broadly stable at 70.1% and 73.8% in the fourth quarter of 2023, the highest levels recorded...

Food inflation continued to fall for the 15th consecutive month in OECD countries

Food inflation continued to decline for the 15th consecutive month, reaching 5.3% in February from 6.3% in January. OECD food inflation was lower than headline inflation for the first time since November 2021. Year-on-year inflation in the OECD, as measured by...

What is the hourly labor cost in the Western Balkans and how much is it affected by productivity?

According to the international understanding of unit labor cost, it is seen as a broad measure of (international) price competition. It is calculated as the ratio of wages together with work-related compensations and bonuses to working hours. The calculation is...

Why are remittances still high in the Western Balkans?

Remittance flows for 2023 in Albania reached the amount of 929 million Euros, which have increased from last year by 95 million Euros more and are directed directly towards families for daily consumption, expenses for education, health, maintenance and travel....

Average salary indicators in 2023 in the public and private sector and the need for productivity

In the latest publication of INSTAT on average salaries in the public and private sector in the fourth quarter of 2023, it can be seen that the increase in salaries is with a continuous increase, as it happened in...

Inflation of energy products and food falling in the world and the region at the beginning of 2024

Energy inflation in the OECD has been negative since May 2023 and remained so in 23 OECD countries. However, Türkiye and Colombia experienced energy inflation more than 25% in January 2024. Food inflation in the OECD continued to slow, to...

Strategic investments and tax and economic benefits in Albania, 2024

The legislation on strategic investments includes the law on strategic investments, as well as several decisions of the Council of Ministers approved from 2015 to 2023[1], and this set of legal and bylaws constitutes the regulatory framework for...

What can be expected if the implementation protocol of the Agreement for the free labor market between Albania, Macedonia and Serbia will be implemented?

As it has already been presented by the Tripartite Agreement, but also by the political statements of the senior officials of three of the six countries of the Western Balkans, it seems that the political approach of the leading parties...

What would be more efficient to help women heads of families and those in need?

From the beginning of the "Rama 1" government, it seems that there was an attention in terms of financial support for women heads of families, being a political promise and part of the government program. According to this political decision,...

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