Manufacturing Production in Macedonia decreased 14.30 percent in March of 2020 over the same month in the previous year.
Manufacturing Production in Macedonia averaged 2.56 percent from 2001 until 2020, reaching an all time high of 38.50 percent in August of 2004 and a record low of -23.60 percent in January of 2002. This page provides - Macedonia Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Manufacturing Production - values, historical data and charts - was last updated on June of 2020.
Manufacturing Production in Macedonia is expected to be 2.94 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Macedonia to stand at 2.72 in 12 months time. In the long-term, the Macedonia Manufacturing Production is projected to trend around 2.65 percent in 2021 and 2.64 percent in 2022, according to our econometric models.