The employment rate among people aged 15 to 64 rose to 67.1% in the period under review, up 4.4 percentage points from the prior-year period. In the Q1, the unemployment rate among men was 11.2%, while among women it was 11.6%.

During the first quarter, the unemployment rate among people aged between 15 and 29 increased to 22.5%, up by 1.8 percentage points from the same period in 2022.

A separate report from the Tirana-based agency showed that retail sales in Albania increased by a real 4.7% year-on-year in the Q1, accelerating from 3.9% growth rate in the fourth quarter of 2022.

On a quarterly comparison basis, retail sales increased by 0.9% in the January-March period, maintaining the same growth rate as in the previous quarter.