Ekonomia

Bank of Albania: Prices are expected to decrease during the next 3 months

Bank of Albania: Prices are expected to decrease during the next 3 months

In the monetary policy report, the Bank of Albania states that there will be a significant drop in prices over the next 3 months.

"We have a turning point of inflation not only in Albania, but also in the foreign environment, which makes us comfortable in our projections that inflation in the country will be decreasing during the next 3 months", said Erald Themeli, Head of the Department of Monetary Policy at the Bank of Albania.

" Most likely, the Bank of Albania will apply other increases in the basic interest rate during 2023, but not with the same speed and intensity as in 2022," he added.