Moody’s doesn’t change outlook on Albanian economy

Moody’s, the credit ratings agency has revised its main macro-economic indicators for Albania.

The June report indicates that outlook for economic growth remains the same, namely 3.8% this year and next year took.

The political crisis in the country doesn’t seem to have had any impact on the projections made by this agency as far as economic growth is concerned.

Amongst the main macro-economic indicators which have been revised are consumer prices. According to Moody’s, prices this year will see a slower increase then a few months ago.

The same can also be said about next year. This year, inflation was projected at 2.9%, while now, it’s projected to be at 2.2%, well within Bank of Albania’s 3% target. (TemA)


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