Inflation in Albania
Inflation in Albania declined from 2.5 % in 2024-07-01 to 2.4 % in 2024-08-01. Source: Eurostat
Inflation indicates an increase in the price level of goods and services in an economy over a period of time. It is generally expressed as a percent increase in the Consumer Price Index (CPI), which measures the price of a basket of goods and services consumed by households.
Inflation can occur due to an increased demand or reduced supply for goods and services, increased production costs or the money supply.
Inflation can occur due to an increased demand or reduced supply for goods and services, increased production costs or the money supply.