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05-11-26
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Fall in unemployment increases consumption by 3.2%

TIRANA, June 18/ATA/-The retail sales increase shows the improvement trend of private consumption favored by the fall of unemployment, building of consumer confidence and increase of credit for this purpose.

The retail sales got increased by 3.2% in the first quarter of the current year as compared with the same period in 2018.

According to the Institute of Statistics, the index of the sale volume has got increased by 3.2% in the group “Food, beverages, tobacco” as compared with the same quarter in 2018.

The retail sales are one of the main indicators of progress of the private consumption in the economy. The consumption is the main pillar of Albania’s economic growth with more than 80% of the total contribution. The improvement of this indicator is a premise of a positive perspective of the country’s economy. /e.xh/ /a.g/p.s./

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