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National Bank: 3.9% growth and 3.1% inflation in 2021, no shocks expected

According to the latest macroeconomic projections of North Macedonia’s National Bank, the Macedonian economy will recover with a growth of 3.9% in 2021 and also in 2022. Moderate acceleration is expected in the medium-term. Inflation is projected at 3.1% after a moderate upward correction has been made compared to the April projection. Inflation is expected at 2.4% next year.

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