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2022 and retail stores in Albania still work with debt lists. As the price crisis has hit the country since December last year, traders say people have increased debts
“This is the list of people who borrow. There are only five pages this year, people say they have no money, some of them say that they are waiting for the end of the month to get their salary “.
This decline in sales is also supported by statistics from INSTAT, which states that the decline in activity for stores has declined since the first months of the year. For traders the growth is being felt even more now in the summer season, when people even start the holidays
“It has been a few days that it has fallen almost completely. “We have tried not to raise prices too much, but people are already spending more on other things.”
The slowdown in retail trade is a red signal for the economy, as consumption last year made the most significant contribution to economic growth. Although the government has collected 342 million euros in the period January-May, to support consumption has distributed about 50 million euros.
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