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.


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Macedonia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
3.70 4.60 20.57 -5.50 2011 - 2019 percent Monthly
2015=100

Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 10:00 AM Aug 4.0% 2.3% 2.5%
2019-11-11 11:00 AM Sep 4.9% 4.0% 3.7%
2019-12-10 11:00 AM Oct 4.6% 4.9% 5.3%
2020-01-10 11:00 AM Nov 3.7% 4.6% 5.5%
2020-02-10 11:00 AM Dec 3.7% 5.5%


News Stream
2019-12-10
Macedonia Producer Inflation Rate Slows in October
Macedonia's producer prices rose 4.6 percent year-on-year in October 2019, slowing from a 4.9 percent gain in the previous month. Cost eased for intermediate goods (6.6 percent compared to 7.3 percent in September) and capital (7.3 percent compared to 7.7 percent). In contrast, energy prices increased further (1.7 percent compared to 1.5 percent); while inflation was steady for consumer goods (at 2 percent). On a monthly basis, producer prices went down 0.4 percent, after increasing 0.8 percent in September.

2019-11-11
Macedonia Producer Inflation Highest since 2017
Macedonia's producer prices increased 4.9 percent year.on-year in September 2019 from 4.0 percent in the previous month. This is the highest producer inflation since November 2017, amid rising prices of intermediate goods (7.3 percent vs 4.8 percent in August) and energy (1.5 percent vs 1.2 percent). Meanwhile, cost slowed for capital goods (7.7 percent vs 7.9 percent) and consumer goods (2.0 percent vs 2.3 percent). On a monthly basis, producer prices increased 0.8 percent, easing from a 1.1 percent in the previous month.

2019-10-10
Macedonia Producer Inflation at 1-1/2-Year High of 4%
Macedonia's producer prices increased 4.0 percent over a year ago in August 2019, following a 2.3 percent rise in the previous month. This is the highest producer inflation rate since February last year, as prices advanced at a faster pace for intermediate goods (4.8 percent vs 1.4 percent in July); capital goods (7.9 percent vs 6.1 percent) and consumer goods (2.3 percent vs 1.9 percent), namely non-durable consumer goods (2.3 percent vs 2.0 percent). On the other hand, cost slowed for energy (1.2 percent vs 1.8 percent). On a monthly basis, producer prices went up 1.1 percent, after increasing 0.4 percent in the prior month.

2019-09-10
Macedonia Producer Inflation Rate Rises to 17-Month High
Macedonia’s producer prices rose 2.3 percent over a year earlier in July 2019, following a 1.4 percent gain in the previous month. It was the highest producer inflation rate since February last year, as prices advanced further for energy (1.7 percent compared to 0.9 percent in June); durable (1.5 percent compared to 1.2 percent) and non-durable consumer goods (2 percent compared to 1.6 percent). Also, cost of intermediate goods rebounded (1.4 percent compared to -0.9 percent). On the other hand, prices of capital goods slowed (6.1 percent compared to 8 percent). On a monthly basis, consumer prices increased 0.4 percent.

2019-08-09
Macedonia Producer Inflation Slows to 1.4% in June
Macedonia’s producer prices increased 1.4 percent year-on-year in June of 2019, easing from a 1.8 percent rise in the previous month. Prices slowed for durable consumer goods (1.2 percent from 1.3 percent in May) and cost fell for intermediate goods (-0.9 percent from 1.1 percent). On the other hand, prices advanced further for energy (0.9 percent from 0.4 percent); capital goods (8 percent from 6.8 percent) and non-durable consumer goods (1.6 percent from 1 percent). On a monthly basis, consumer prices decreased 0.4 percent.

2019-07-10
Macedonia Producer Inflation at 15-Month High
Macedonia’s producer prices increased 1.6 percent year-on-year in May of 2019, following a 1.7 percent gain in the previous month. It was the highest producer inflation since February of 2018, as prices rose faster for capital goods (6.8 percent from 5.5 percent in April) and intermediate goods (1.1 percent from 0.6 percent). On the other hand, cost slowed for energy (0.4 percent from 1.1 percent) and consumer goods (1 percent from 1.6 percent). On a monthly basis, producer prices went down 0.2 percent, after a 0.5 percent increase in April.


Macedonia Producer Prices Change
In Macedonia, the industrial producer price indices measure the changes of the industrial producer price levels of the industrial products/services produced in the country and sold on the domestic market and the non-domestic market. The sample of 2010 (as base year) for the industrial producer price indices covers 394 enterprises with 1274 industrial products/services.

Macedonia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.40 -0.10 9.90 -2.10 percent [+]
Consumer Price Index CPI 113.32 112.97 114.62 84.91 points [+]
GDP Deflator 103.60 103.50 1371.80 99.83 percent [+]
Inflation Rate Mom 0.30 -0.10 4.10 -2.80 percent [+]
Producer Prices 105.30 106.10 115.70 92.70 points [+]
Producer Prices Change 3.70 4.60 20.57 -5.50 percent [+]
Food Inflation 0.90 1.10 20.40 -6.00 percent [+]
Core Consumer Prices 113.46 112.91 113.89 89.65 points [+]
Core Inflation Rate 0.80 0.50 8.10 -2.20 percent [+]