TIRANA, Sept 29 /ATA/ The final consumption of the population, which constitutes the main share of expenses in the economy, increased by 4% in the second quarter of this year, compared to the same period last year, driven by the tourist season, which saw record numbers of foreigners who visited our country.
The increase of consumption was also driven by the government’s policies, through the wage raise.
According to INSTAT, the main components of GDP using the expenditure method, for the second quarter of 2023, compared to the second quarter of 2022, are as follows:
The final consumption of the population, which constitutes the main share of expenses in the economy, increased by 4.03%.
The final consumption of the government marked an increase of 9.29%.
The component of gross fixed capital formation increased by 11.05%.
Exports of goods and services decreased by 1.48%, while Imports of goods and services increased by 2.42%.
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