Industrial Production in Macedonia increased 0.90 percent in June of 2022 over the same month in the previous year. source: State Statistical Office of the Republic of Macedonia

Industrial Production in Macedonia averaged 1.36 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. Macedonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Industrial Production in Macedonia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Industrial Production is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Macedonia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-06-30 10:00 AM May 8.5% -3.8% -1.2%
2022-07-29 10:30 AM Jun 0.9% 8.5% 10.2%
2022-08-31 10:00 AM Jul


Related Last Previous Unit Reference
Industrial Production 0.90 8.50 percent Jun 2022
Changes in Inventories 45110.16 91618.93 MKD Million Dec 2020
Business Confidence 24.60 24.10 points Jun 2022

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
0.90 8.50 46.10 -33.50 2005 - 2022 percent Monthly

News Stream
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).
2022-03-04
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).
2022-01-31
Macedonia Industrial Output Shrinks for 4th Month
Industrial production in Macedonia slipped 6.5 percent from a year earlier in October of 2021, slower than an 8 percent decline in the previous month. Still, it was the fourth consecutive month of output contraction due to decreases in manufacturing (-10.4 percent) on lower production of food products; textiles; wearing apparel; basic metals, machinery and equipment n.e.c, motor vehicles, trailers and semi-trailers. Meanwhile, production rose for both electricity, gas, steam and air conditioning supply (18.6 percent) and mining & quarrying (0.2 percent).
2021-11-30