MACROECONOMICS: FORECASTING INFLATION TRENDS IN UZBEKISTAN FOR 2024
Keywords:
Inflation,economy, gross domestic product, consumer price index, monetary policy, fiscal policy, exchange rates.Abstract
Inflation, the persistent rise in the general price level of goods and services in an economy, is a crucial economic indicator affecting individuals, businesses, and governments alike. In Uzbekistan, a Central Asian nation with a rapidly evolving economy, forecasting inflation trends is paramount for informed decision-making and policy formulation. As we approach 2024, understanding the factors driving inflation becomes essential for individuals across various sectors, such as consumer spending, business investment and employment rates to government programs, tax policies, and interest rates. This article aims to analyze the predictors of inflation in Uzbekistan for the end of 2024.
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