GDP

Construction costs rise in Albania despite easing in material prices

Albania’s construction sector is facing higher costs, particularly for wages and machinery, even as material prices show a slight decline. According to INSTAT, the Construction Cost Index for residential buildings...

Bank of Albania on 1H 2024: economic growth and improved financial stability

In the first half of 2024, the Albanian economy demonstrated resilience and steady growth, according to a report by the Bank of Albania. Key sectors, such as banking, showed positive...