Times higher than a year ago, while the price of energy for businesses under voltage has also increased by 60%. medium, but remains unchanged for families and small businesses.Fuels also continue to increase, while the latest decision of the Board has sent the price of oil to the historical level of 258 Lek.The Bank of Albania has increased the basic interest rate to fight inflation, but this measure is still showing no signs of slowing down, while the level of new credit or money in circulation continues to increase.
Also read: New credit continued phone database to expand in April despite high inflation and rising interest ratesOn the other hand, the lek continues to remain strong compared to the euro. This has somewhat dampened the inflation that comes from goods bought abroad, since with the EU, Albania realizes about 60% of foreign trade.The high inflation is giving the first signs of slowing down consumption in the country, as can be seen from the customs figures, where smaller quantities of oil were imported in the months of April and May.The price of oil reaches a record level in the domestic market.
The Ministry of Finance has announced that the Transparency Board decided that the price of oil will increase by 10 Lek, reaching 258 Lekliter starting from Wednesday at 18:00.This is the highest price level recorded after the establishment of the Board. At the beginning of March, the price was introduced at 260 ALL/liter from 190-195 ALL/liter the day before. This situation lasted only a few days, after the government decided to set up a transparency board.Rea Oil price rises to record levels. Increase for gasoline, gas unchangedAccording to the official data that report the decisions of this board, gasoline and gas mark a very slight reduction.