October 15 (SeeNews) - North Macedonia's central bank will revise upwards its end-2021 consumer price inflation to address inflationary pressures, central bank governor Anita Angelovska Bezhoska said.
There are inflationary pressures but they are supply-driven and caused by external factors, such as energy and raw material prices, rather than by domestic demand, which is still at the pre-crisis levels, Bezhoska said at the Western Balkans Summit organised by The Economist in Skopje on Thursday.
The central bank is expected to publish its year-end outlook for the country's economic growth and inflation rate in early November, Bezhoska noted.
The average annual increase of consumer prices in the January-September period is 2.8%, slightly above the expected rate, the central bank said earlier this week.
The central bank projected the end-2021 inflation at 2.2% in May.