The annual inflation rate in Macedonia eased to 1.9 percent in January of 2021 from 2.3 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (2.3 percent vs 3.2 percent in December) and housing & utilities (4.4 percent vs 4.6 percent). Additionally, prices fell at a softer pace for transports (-2.1 percent vs -6.5 percent) and for clothing & footwear (-0.5 percent vs -1.1 percent). On a monthly basis, consumer prices edged down 0.2 percent, after a 0.4 percent increase in the prior month. source: State Statistical Office of the Republic of Macedonia

Inflation Rate in Macedonia averaged 1.62 percent from 2006 until 2020, reaching an all time high of 9.90 percent in June of 2008 and a record low of -2.10 percent in December of 2009. This page provides the latest reported value for - Macedonia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Inflation Rate in Macedonia is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Macedonia to stand at 1.20 in 12 months time. In the long-term, the Macedonia Inflation Rate is projected to trend around 1.60 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Macedonia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.30 9.90 -2.10 2006 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 11:00 AM Oct 2.1% 1.9% 2%
2020-12-07 11:30 AM Nov 2.2% 2.1% 2.2%
2021-01-08 12:30 PM Dec 2.3% 2.2% 1.9%
2021-02-18 11:00 AM Jan 1.9% 2.3% 2.5%
2021-03-08 11:00 AM Feb 1.9%
2021-04-07 10:00 AM Mar
2021-05-07 10:00 AM Apr
2021-06-08 10:00 AM May


News Stream
Macedonia Inflation Rate at 4-Month Low
The annual inflation rate in Macedonia eased to 1.9 percent in January of 2021 from 2.3 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (2.3 percent vs 3.2 percent in December) and housing & utilities (4.4 percent vs 4.6 percent). Additionally, prices fell at a softer pace for transports (-2.1 percent vs -6.5 percent) and for clothing & footwear (-0.5 percent vs -1.1 percent). On a monthly basis, consumer prices edged down 0.2 percent, after a 0.4 percent increase in the prior month.
2021-02-18
Macedonia Inflation Rate Rises to 3-Year High
The annual inflation rate in Macedonia rose to 2.3 percent in December of 2020 from 2.2 percent in the previous month. It was the highest inflation rate since December of 2017, with main upward pressure coming from cost of food & non-alcoholic beverages (3.2 percent) and housing & utilities (4.6 percent). On the other hand, transport prices fell 6.5 percent. On a monthly basis, consumer prices went up 0.4 percent.
2021-01-08
Macedonia Inflation Rate Rises to Near 3-Year High in October
The annual inflation rate in Macedonia rose to 2.1 percent in October of 2020 from 1.9 percent in the previous month. It was the highest inflation rate since December 2017, as prices advanced further for food & non-alcoholic beverages (3.5 percent vs 3.1 percent in September); health (1.4 percent vs 1.3 percent); and alcoholic beverages & tobacco (7.8 percent vs 4.5 percent). On the other hand, cost eased for housing & utilities (4.6 percent vs 4.7 percent); restaurants & hotels (1.8 percent vs 2.3 percent); and miscellaneous good & services (3.1 percent vs 3.5 percent). Also, cost of recreation & culture dropped (-0.4 percent vs 0.5 percent) and prices continued to fall for transport (-7.2 percent vs -6.5 percent) and clothing & footwear (-0.1 percent, the same as in September). On a monthly basis, consumer prices went up 0.1 percent, rebounding from a 0.2 percent decline in the prior month.
2020-11-09
Macedonia Inflation Rate Highest in 1-1/2-Years
Annual inflation rate in Macedonia increased to 1.9 percent in September of 2020 from 1.5 percent in August, reaching the highest since April of 2019. Main upward pressure came from cost of food & non-alcoholic beverages (3.1 percent vs 2.5 percent); housing & utilities (4.7 percent vs 4.5 percent in August); and alcoholic beverages & tobacco (4.5 percent vs 4.4 percent). In contrast, inflation slowed for restaurants & hotels (2.3 percent vs 2.8 percent); recreation & culture (0.5 percent vs 1.6 percent) and was steady for health (1.3 percent, the same as in the previous month). Prices went down for transport (-6.5 percent vs -7 percent) and clothing & footwear (-0.1 percent vs 1.4 percent). On a monthly basis, consumer prices declined 0.2 percent, following a 0.5 percent rise in August.
2020-10-07

Macedonia Inflation Rate
In Macedonia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (40.9 percent of total weight). Housing and Utilities accounts for 13.8 percent; Transport for 7.9 percent; Clothing and Footwear for 7 percent; Restaurants and Hotels for 5.5 percent and Furniture, Household Goods and Maintenance for 5.4 percent. Miscellaneous Goods and Services; Alcoholic beverages and Tobacco ; Health; Communication; Recreation and Culture and Education account for the remaining 19.5 percent of total weight.