{"id":52099,"date":"2023-05-07T14:08:28","date_gmt":"2023-05-07T12:08:28","guid":{"rendered":"https:\/\/euronews.al\/en\/?p=52099"},"modified":"2023-05-07T14:08:28","modified_gmt":"2023-05-07T12:08:28","slug":"basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago","status":"publish","type":"post","link":"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/","title":{"rendered":"Basic products in Albania sold by European prices, but salaries are the same as 4 years ago"},"content":{"rendered":"<p>Albania has the lowest inflation level in the region and the EU average. Prices, however, remain high and are comparable to market prices in some of the most developed European countries.<\/p>\n<p>Salary income has increased over the course of a year and prices have almost moved at the same pace. A comparison between inflation and salaries shows that to the latter have grown at a higher rate, to the government. But to economy experts in the country, the difference is not what\u2019s being propagandized.<\/p>\n<p>\u201cIn fact, if we discount today\u2019s average salary with the inflation rate, turns out that the salary is the same as four years ago. So there really is no compensation for the inflation phenomenon,\u201d says economy expert, Selami Xhepa.<\/p>\n<p>According to him, almost 70% of the employed people in Albania live by income that\u2019s below the average. This part of the population spends almost \u00be of their budget on basic goods. Therefore, the effect of this inflation is stronger than what is officially stated.<\/p>\n<p>\u201cEven though Albania has a low inflation rate, there is a serious problem with the prices of basic products. Foods, dairy\u2026 are things we spend almost half of our income for. Prices have increased up to 25%, and this means that the effect is disproportionate to the society,\u201d Xhepa further explains.<\/p>\n<p>In March, the inflation rate in the country dropped to 5.3% and compared to the region, Albania has maintained the same position. The highest price level is recorded in North Macedonia and Serbia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Albania has the lowest inflation level in the region and the EU average. Prices, however, remain high and are comparable to market prices in some of the most developed European countries. Salary income has increased over the course of a year and prices have almost moved at the same pace. A comparison between inflation and [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":23998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[153],"tags":[270,823,485,150,243,151,633],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Basic products in Albania sold by European prices, but salaries are the same as 4 years ago - 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\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Basic products in Albania sold by European prices, but salaries are the same as 4 years ago - Euronews Albania\" \/>\n<meta property=\"og:description\" content=\"Albania has the lowest inflation level in the region and the EU average. Prices, however, remain high and are comparable to market prices in some of the most developed European countries. Salary income has increased over the course of a year and prices have almost moved at the same pace. A comparison between inflation and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\" \/>\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=\"2023-05-07T12:08:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/10\/cmimet.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1179\" \/>\n\t<meta property=\"og:image:height\" content=\"526\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Euronews Albania\" \/>\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=\"Euronews Albania\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\"},\"author\":{\"name\":\"Euronews Albania\",\"@id\":\"https:\/\/euronews.al\/en\/#\/schema\/person\/40904b56ee024949b80be8199e47e27d\"},\"headline\":\"Basic products in Albania sold by European prices, but salaries are the same as 4 years ago\",\"datePublished\":\"2023-05-07T12:08:28+00:00\",\"dateModified\":\"2023-05-07T12:08:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\"},\"wordCount\":267,\"publisher\":{\"@id\":\"https:\/\/euronews.al\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/euronews.al\/en\/wp-content\/uploads\/2021\/10\/cmimet.png\",\"keywords\":[\"albania\",\"economy\",\"inflation\",\"Kryesor 1\",\"kryesore 1\",\"Kryesoret\",\"prices\"],\"articleSection\":[\"Albania\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\",\"url\":\"https:\/\/euronews.al\/en\/basic-products-in-albania-sold-by-european-prices-but-salaries-are-the-same-as-4-years-ago\/\",\"name\":\"Basic products in Albania sold by European prices, but salaries are the same as 4 years ago - 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