Quarterly Review of the Albanian Economy (QI-2008)
Author: Balance of Payments and Surveys Division
Printed on: 19.06.2008
Production date: 19.06.2008
Material category : Periodic Publications / Quarterly assessment of the economy
The first quarter of 2008 continued to be characterized by relatively complex worldwide economic developments. The economic activity of some developed countries decelerated raising the concerns for a global slowdown. The price rise prevailed an overwhelming part of developed and developing countries. Hikes in raw materials, oil and food prices affected every economy leading to increasing concerns related to a higher inflation spiral in the future.