{"id":30828,"date":"2022-02-02T21:10:03","date_gmt":"2022-02-02T20:10:03","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=30828"},"modified":"2022-02-02T21:44:37","modified_gmt":"2022-02-02T20:44:37","slug":"cost-of-living-goes-up-in-albania-due-to-mounting-inflation","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/","title":{"rendered":"Cost of living goes up in Albania due to mounting inflation"},"content":{"rendered":"<p>The cost of living will be going up during 2022, according to reports published today by the Bank of Albania. Bank Governor Gent Sejko said that this will be a result of high inflation which will reach well over 3% in the coming months.<\/p>\n<p>According to Sejko, the inflation rate will only go back to its usual levels by 2023.<\/p>\n<p>\u201cInflation in our country saw a sharp rise during the fourth trimester of 2021, reaching 3.7% in December,\u201d \u2013 said Sejko.<\/p>\n<p>Surging inflation can be witnessed when looking at the change in prices of almost all basic food items.<\/p>\n<p>In addition, high inflation was noticed in the rising prices for processed food and fuel.<\/p>\n<p>The governor also declared that the average wage went up by 6.9% and around 8% in the private sector.<\/p>\n<p>On the other hand, Sekjo said that unemployment went down to 11.3%.<\/p>\n<p>According to INSTAT, the Albanian economy has grown by 10.4% so far this year.<\/p>\n<p><strong>YOU MIGHT ALSO LIKE<\/strong><\/p>\n<ul>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/albania\/2022\/01\/14\/what-are-the-5-main-threats-to-the-albanian-economy-in-2022\/\">What are the 5 main threats to the Albanian economy in 2022?<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/programs\/today\/2022\/01\/24\/repercussions-of-a-potential-russia-ukraine-conflict-into-the-albanian-economy\/\">Repercussions of a potential Russia-Ukraine conflict into the Albanian economy<\/a><\/strong><\/li>\n<li class=\"title-post\"><strong><a href=\"https:\/\/euronews.al\/en\/kosovo\/2021\/12\/27\/protestors-rally-against-power-cuts-chanting-on-economy-minister-to-resign\/\">Protestors rally against power cuts chanting on economy minister to resign<\/a><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The cost of living will be going up during 2022, according to reports published today by the Bank of Albania. Bank Governor Gent Sejko said that this will be a result of high inflation which will reach well over 3% in the coming months. According to Sejko, the inflation rate will only go back to [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":10378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[270,484,485],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cost of living goes up in Albania due to mounting inflation - Euronews Albania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost of living goes up in Albania due to mounting inflation - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"The cost of living will be going up during 2022, according to reports published today by the Bank of Albania. Bank Governor Gent Sejko said that this will be a result of high inflation which will reach well over 3% in the coming months. According to Sejko, the inflation rate will only go back to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"Euronews Albania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/euronews.al\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-02T20:10:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-02T20:44:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/Banka-e-Shqiperise-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1068\" \/>\n\t<meta property=\"og:image:height\" content=\"601\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nen Si\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:site\" content=\"@euronewsalbania\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nen Si\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\"},\"author\":{\"name\":\"Nen Si\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/444d280f35e047949b7f0bc08093608f\"},\"headline\":\"Cost of living goes up in Albania due to mounting inflation\",\"datePublished\":\"2022-02-02T20:10:03+00:00\",\"dateModified\":\"2022-02-02T20:44:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\"},\"wordCount\":195,\"commentCount\":114,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/04\/Banka-e-Shqiperise-1.jpg\",\"keywords\":[\"albania\",\"cost\",\"inflation\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\",\"url\":\"https:\/\/euronews.al\/en\/cost-of-living-goes-up-in-albania-due-to-mounting-inflation\/\",\"name\":\"Cost of living goes up in Albania due to mounting inflation - 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