Quarterly Monetary Policy Report, 2024/I

The Albanian economy pursued an overall positive stance throughout 2023. The volume of economic activity has been growing, generated by an increase in both employment and wages. In parallel, inflation has been coming down leading to an improvement of households’ purchasing power and reducing uncertainty in the future. Lastly, the main indicators of economic and financial soundness of the economy - public debt; external debt; and the non-performing loans ratio - recorded an improvement.