Inflation grew by 1.6% in Q1

Bank of Albania has reported that average inflation on the first quarter of the year was 1.6%, 0.3% higher on the previous quarter.

According to the central bank, inflation saw a growing trend with 1.5% in January, 1.2% in February and 2.1% in March.

Inflation in March played a determining role during the first quarter. This growth was affected by the measures which were taken to contain the spread of coronavirus in the country. TemA


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