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Macro - Country Economic Forecasts - North Macedonia

Publisher Oxford Economics
Published Nov 22, 2024
Length 3 Pages
SKU # OFE19416526

Description

Macro - Country Economic Forecasts - North Macedonia



We have raised our inflation forecast for North Macedonia to 4.2% in 2025 from 2.5%. The North Macedonian government has capped food profit margins to combat rising inflation. We think this policy will take effect at the end of 2024, leading us to lower our CPI estimate for 2024 to 3.2%. However, we think inflation will rise again in 2025 because we expect firms will raise prices as soon as this restriction is lifted and the base level of the price index will be lower.

Table of Contents

3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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