inflation

Between income growth and declining living standards in Albania (2023–2025)

On the surface, Albania appears to be experiencing economic improvement. Wages have risen significantly, and official statistics report increases in nominal incomes. However, a closer analysis of the 2023–2025 period reveals a more complex reality. Growth on paper does not...

The impact of prices and inflation on average household costs

The ALTAX study on household spending and purchasing power in Albania (2023–2025) provides a detailed overview of how inflation and price changes have affected consumption structure and the affordability of living for Household Economic Units (HEUs). In a period...

Purchasing power, inequality, and the sustainability of living in Albania (2023–2025)

The analysis for the period 2023–2025, based on INSTAT data and studied by ALTAX’s simulated economic development scenarios, provides a clear picture of the internal tensions shaping Albanian household economics. At first glance, incomes and expenditures appear in a...

Monetary policy, Euroization challenges in 2025, and the need for credibility

Albania finds itself at a delicate juncture where its monetary policy no longer wields the influence it once did. While the central bank has raised interest rates and maintained the stability of the lek, a significant portion of the economy...

The economic and monetary situation of Albania between stimulus and risk

In the second half of 2025, the Albanian economy finds itself in a delicate transition phase, with macroeconomic indicators presenting a dual picture: on one hand, stable economic growth, a strong labor market, and increasing purchasing power, and on the...

Quantitative Easing (QE) in Albania as a tool for Stability and Growth

Since 2020, the Albanian economy has faced a series of complex challenges. On one hand, inflation has experienced a significant increase, driven not only by domestic factors but also by turmoil and risks in the global economy. On the other...

Increased consumption and the return of services as pillars of economic growth in the first quarter of 2025

Albanian economy in the first quarter of 2025 is characterized by a recovery of consumption and services as growth engines, but with serious challenges in the manufacturing sector and in the foreign trade balance.In the following, we will present a...

Minimum Wage, not as a populist tool, but as a signal of economic development

According to historical data, the minimum wage in Albania has had an interrupted and politicized history since the 1990s. Initially, it was set to define a minimal standard of living after the transition from a planned economy to a free...

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