Industrial Production in Macedonia decreased 5.30 percent in October of 2022 over the same month in the previous year. source: State Statistical Office of the Republic of Macedonia

Industrial Production in Macedonia averaged 1.27 percent from 2005 until 2022, reaching an all time high of 46.10 percent in April of 2021 and a record low of -33.50 percent in April of 2020. This page provides - Macedonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. North Macedonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Industrial Production in Macedonia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Industrial Production is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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
North Macedonia Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2022-10-31 11:00 AM Sep -0.5% 0.2% -0.2%
2022-11-30 11:00 AM Oct -5.3% -0.5% -0.9%
2022-12-29 11:00 AM Nov -5.3%

Related Last Previous Unit Reference
Industrial Production -5.30 -0.50 percent Oct 2022
Changes in Inventories 45110.16 91111.08 MKD Million Dec 2020
Business Confidence 24.40 25.60 points Oct 2022

North Macedonia Industrial Production
In Macedonia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
-5.30 -0.50 46.10 -33.50 2005 - 2022 percent Monthly

News Stream
North Macedonia Industrial Output Falls in September
Industrial production in North Macedonia shrank by 0.5 percent from a year ago in September of 2022. Lower output for mining & quarrying (-33.3 percent) and electricity, gas, steam and air conditioning supply (-2 percent) more than offset a rise in manufacturing activity (5.5 percent). Considering the first nine months of the year, industrial production increased by 0.9 percent.
Macedonia Industrial Output Rebounds Slightly in January
Industrial production in Macedonia increased by 0.7 percent year-on-year in January of 2022, after a 4.9 percent decline in the previous month. Output grew for mining & quarrying (36.5 percent) and electricity, gas, steam & air conditioning supply (14.8 percent), but it contracted in manufacturing (-4.3 percent), amid lower production of computer, electronic and optical products (-61.4 percent) and tobacco products (-37.8 percent).
Macedonia Industrial Output Shrinks in December
Industrial production in Macedonia fell 4.9 percent from a year earlier in December of 2021 compared to a 4.7 percent rise in the previous month as output declined in manufacturing (-9.1 percent) on lower production of beverages; textiles; wearing apparel; basic metals, pharmaceutical products; machinery and equipment n.e.c, motor vehicles, trailers and semi-trailers. Meanwhile, production rose for both electricity, gas, steam and air conditioning supply (20.5 percent) and mining & quarrying (2.5 percent).