Quarterly Monetary Policy Report, 2018/III

The Albanian economy continued to pursue a positive development trend in the first half of 2018. Economic activity has been proceeding along an upward growth path, enabling thus the expansion of employment, increase in wages, improvement of firms’ financial situation, and gradual build-up of inflationary pressures. These developments have been underpinned by the improvement in the external environment, the improvement of confidence in the economy, the favourable financial conditions, dictated by our accommodative monetary policy, and positive supply-side shocks.