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Cost of imports rises

7. March 2008

According to the Bank of Albania, the cost of imports during 2007 has had a considerable increase. According to this institution, the Albanian economy has spent billions of euros for imports, bearing in mind that everything that is being consumed in the country, from food to the raw materials for the industry is being secured through imports. During 2007, the cost of imports has risen by 8 % as apposed to the 1.2% historical average increase which has existed since 2001.