The relationship between unemployment and inflation in albania



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E.Tarelli thesis REVIEW-to print pdf
Table 4: Inflation rate Year
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Inflation, Consumer Price annual
%)
0.1 3.1 7.8 0.5 2.3 2.4 2.4 2.9 3.4 2.3 3.6 Source The World Bank
13
Bolle. M, Meyer. T, Thee ffectiveness of the monetary policy in Albania and the need for further reform, pg 20


29 Compared to the first transition years and the turmoil of 1997 when Albania experienced hyperinflation, the inflation rate from 2000 until 2010 is more stable with some little fluctuation. In 2000 Albania registered the lowest inflation which was 0.039 percent and in 2002 the highest inflation of 5.218 was registered. Inflation (Average Consumer Price Change %) for Albania in year 2010 is 3.6 This makes Albania No. 95 in world rankings according to Inflation (Average Consumer Price Change %) in year
2010. The world's average Inflation (Average Consumer Price Change %) value is 4.73
%; Albania is 1.13 less than the average.
14

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