Tag - remittances

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....

Inflation, consumption, economic growth and impacts in 2024

In the January 10, 2024 publication of the consumer price index (inflation) for December 2023, it is noted that its rate in December 2023 is 4.0% compared to the previous year. In December 2022, the inflation rate was 7.4%. The...

What affects inflation and exchange rates in Albania?

In a previous study of ALTAX [1], we mentioned all the factors analyzed and listed, which are the influences on the variations of the foreign exchange rate and inflation. From this previous analysis, we conclude that because of the combination of...

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