Core consumer prices in Macedonia increased 0.80 percent in December of 2019 over the same month in the previous year.

Core Inflation Rate in Macedonia averaged 1.63 percent from 2006 until 2019, reaching an all time high of 8.10 percent in June of 2008 and a record low of -2.20 percent in November of 2009. This page provides - Macedonia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Inflation Rate in Macedonia is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Macedonia to stand at 1.50 in 12 months time. In the long-term, the Macedonia Core Inflation Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.

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Macedonia Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.50 8.10 -2.20 2006 - 2019 percent Monthly

Macedonia Core Inflation Rate
In Macedonia, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, liquid fuels and lubricants and unprocessed food.