FLASH
Shkruar nga Pamfleti
Geopolitical developments could bring back the high price crisis of 2022 where we were all forced to pay more than normal. The Russia-Ukraine or Israel-Palestine war can tilt inflation in the upward direction. In the presentation of the monetary policy report, the Bank of Albania announces that these external risks can exert pressure on the increase in oil and food prices.
" During 2023, we have halved inflation. In line with the expectations we had. Based on our projections, we believe that these expectations will continue in the future ," said Erald Themeli, director of monetary policy, BSH.
Beyond external pressures, a fluctuation of inflation within the year according to the Bank of Albania, would also bring an increase in demand as a result of tourism, but also an increase in salaries in the public sector.
" Monetary policy decisions need to respect price stability at 3%. The forecast update predicts that it will come down in 2024. In general, monetary conditions remain suitable , he said.
Albania ended the year 2023 with an average inflation of 4.8%, while the year started with 3.4%. in terms of economic growth, the Central Bank predicts a slight and temporary slowdown during 2024, and a return to potential during the following years./ A2CNN
Lini një Përgjigje