INFLATION PREDICTIONS IN 2024: AN ECONOMIC ANALYSIS: THE INFLATION PROCESS AND EXPECTATIONS IN REPUBLIC OF NORTH MACEDONIA: AN ECONOMIC ANALYSIS.

By understanding the expected changes in prices, stakeholders can navigate economic conditions and mitigate the impact of inflation on their financial goals and operations. While inflation predictions are subject to uncertainties and limitations, they provide valuable information for decision-making and planning at the individual, business, and policy levels. This paper aims to provide an in-depth analysis of inflation predictions for the years 2023 and 2024. It explores the factors influencing inflation, such as monetary policy, fiscal policy, supply chain disruptions, and global economic trends. By examining historical data, economic indicators, and expert opinions, this paper seeks to forecast the potential inflationary pressures and their implications for various stakeholders. The goal of predicting inflation is to gain insights into the expected changes in the general level of prices in an economy over a specific period. The findings suggest that while inflationary pressures may persist in the short term, the long-term trajectory will depend on the effectiveness of policy responses and the resolution of underlying structural issues. [ABSTRACT FROM AUTHOR]