Monthly Report - October '01

Author: Monetary Policy Departament
Printed on: 14.09.2003
Production date: 15.09.2003
Material category : Periodic Publications / Monetary Policy Report
The raised developments of this end of year seem to follow the same line with the early warnings of the Bank of Albania on a possible worsening of the energy crisis in the country. This situation is coinciding with a global slowdown of the world economy, situation that was considerably accelerated, after the terrorist attack of September 11. Although it is early yet to assess a short - term impact of these factors on the financial - economic development of the country, it is sure that, their effects will be soon notable, especially on the performance of those sensible macroeconomic indicators such as production and inflation.