Albania's Economy Growth Rate Accelerating - Says INSTAT
Albanian Daily News
Published September 29, 2017
The Albanian economy has accelerated its growth rate, expanding by 4.06% in the second quarter of 2017. The latest data made public by the Institute of Statistics (INSTAT) show that construction sector is among the main contributors in this economic growth. According to INSTAT this sector contribution enabled a 1.84 percentage points in the 2nd trimester.
Some of the other sectors worth to be mentioned as main contributors are the water and energy which contributed with a 0.69% percentage points, trade-hotels and restaurants sector with 0.52 percentage points, public administration, education and health sector with 0.43 percentage points, financial and insurance activities with 0.27 percentage points, agriculture, forests and fishing with 0.16 percentage points, information and communication with 0.05 percentage points.