Angelovska-Bezhoska: Inflation will further fall, but structural reforms needed for greater resilience to shocks

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Inflation is expected to fall by the end of the year with further stabilization of food and energy prices on the world stock markets, in the absence of major external and domestic shocks. In the medium term, the inflation rate would fall to the historical average of around 2 percent. In the coming period, attention should be paid to structural policies that would increase domestic production and reduce the sensitivity of the domestic economy to some future potential shocks, said National Bank Governor Anita Angelovska-Bezhoska on Saturday.
Discussing the latest data on inflation in an interview with Slobodna TV, Angelovska-Bezhoska said that since the fourth quarter of the past year, when the highest rate of around 20% was reached in October, a constant decrease in the inflation rate has been observed, the Governor’s office said in a press release.

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