The Ministry of Finance, Labour, and Transfers has published the latest edition of the Economic Bulletin for the second quarter of 2023.

By Vigan Disha

Oct 30, 2023

The Ministry of Finance, Labour, and Transfers has published the latest edition of the Economic Bulletin for the second quarter of 2023. This bulletin provides valuable insights into the current economic trends that are key to understanding the state of the Kosovo economy. The Bulletin provides detailed information on the external economic environment, the real sector, energy consumption, employment, the financial sector, and the state of public finances. According to the latest data from the Kosovo Agency of Statistics (KAS), real economic growth in the second quarter of 2023 was 2.0%, mainly as a result of the positive impact of total consumption (private and public). The second quarter of 2023 marked an increase in consumer prices, with an average value by 4.2% compared to the corresponding period of the previous year, driven by prices of food and non-alcoholic beverages. The banking sector was characterized by an increase in deposits and new loans. The performance of budget revenues continued to be strong, with an annual increase of 16.5%, whereas expenditure increased also as a result of improved capital expenditure compared to the same period of last year Link: https://lnkd.in/d9W7FAxH #StayInformed #DataAnalysis #EconomicInsights #MacroeconomicTrends