Macedonia's producer prices rose 3.7 percent year-on-year in November of 2019, slowing from a 4.6 percent gain in the previous month. It was the lowest producer inflation since July, as cost eased for intermediate goods (3.6 percent vs 6.6 percent in October) and energy (1.3 percent vs 1.7 percent). On the other hand, prices advanced faster for capital (8.2 percent vs 7.3 percent) and consumer goods (2.5 percent vs 2.0 percent). On a monthly basis, producer prices went down 0.7 percent, after decreasing 0.4 percent in October.
Producer Prices Change in Macedonia averaged 1.21 percent from 2011 until 2019, reaching an all time high of 20.57 percent in February of 2011 and a record low of -5.50 percent in October of 2015. This page provides the latest reported value for - Macedonia Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: State Statistical Office of the Republic of Macedonia
Producer Prices Change in Macedonia is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Macedonia to stand at 1.60 in 12 months time. In the long-term, the Macedonia Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.