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...
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....
The estimated size of the informal sector in Albania is well above the EU average and at the upper end of the Western Balkan countries (WB6) in terms of employment, as seen in the table below. Western Balkans: Informality, 2019 (% of...
The government's main motivation must obviously be to stimulate exports which otherwise means doing homework that should have been done long ago. The whole approach to stimulate exports is the objective of their growth, to have economic and industrial benefits related...
Focusing on the need for effective governance to directly support the business climate and inclusive governance approach is the ultimate aim of the research material "Who has the duty to fight informality and how are they fighting it?" (alb.) The...
As the year 2023 came to a close, the Albanian economy is doing better than expected from last year's forecasts. But it can be said that this pace does not match the expectations of small and medium businesses and citizens....
Headline inflation (year-on-year) in the OECD, as measured by the Consumer Price Index (CPI), eased to 6.2% in September 2023 from 6.4% in August, following increases in July and August. Inflation fell between August and September in 27 OECD countries. In...
Between 2016 and 2020 exports and imports from the Western Balkans increased by 4.4 billion and 3.9 billion euros respectively, despite the decline in 2020 due to the COVID-19 pandemic. In 2020, the trade surplus was 7.9 billion euros. The economies...
Education is an investment in the future as it brings numerous economic and social benefits to individuals and societies. Usually measured in relation to a nation's wealth, expenditure on education comes from public budgets, but it includes funding from individual...
As shown in the World Economic Outlook a few days ago, while the world has shown remarkable resilience, the recovery from the shocks of recent years is slow, below its potential and uneven. Growth is slow, because at 3-4 percent,...
