Cost of food in Macedonia increased 23.60 percent in July of 2022 over the same month in the previous year. source: State Statistical Office of the Republic of Macedonia

Food Inflation in Macedonia averaged 2.28 percent from 2003 until 2022, reaching an all time high of 23.60 percent in July of 2022 and a record low of -6 percent in January of 2005. This page provides the latest reported value for - Macedonia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Food Inflation - values, historical data and charts - was last updated on August of 2022.

Food Inflation in Macedonia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Food Inflation is projected to trend around 5.00 percent in 2023 and 4.00 percent in 2024, according to our econometric models.

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Macedonia Food Inflation

Related Last Previous Unit Reference
Inflation Rate 16.00 14.50 percent Jul 2022
Consumer Price Index CPI 135.49 131.83 points Jun 2022
GDP Deflator 100.90 101.10 percent Dec 2020
Food Inflation 23.60 20.90 percent Jul 2022
Inflation Rate Mom 1.90 2.80 percent Jul 2022
Producer Prices Change 19.60 21.50 percent Jun 2022
Producer Prices 138.80 136.20 points Apr 2022
Core Inflation Rate 8.50 7.20 percent Apr 2022
Core Consumer Prices 126.64 124.48 points Apr 2022