The annual inflation rate in Macedonia rose to 4.1 percent in October of 2021 from 3.7 percent in the prior month, quickening to its highest level since June of 2013. Main upward pressure came from transport charges (18.4 percent); prices of food & non-alcoholic beverages (4.6 percent); restaurants & hotels (8.0); and recreation & culture (3.3 percent). On the other hand, prices went down in communication (-0.9 percent). On a monthly basis, consumer prices advanced 0.5 percent in September. source: State Statistical Office of the Republic of Macedonia

Inflation Rate in Macedonia averaged 1.70 percent from 2006 until 2021, reaching an all time high of 9.90 percent in June of 2008 and a record low of -2.10 percent in December of 2009. This page provides the latest reported value for - Macedonia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Inflation Rate in Macedonia is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Inflation Rate is projected to trend around 2.20 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

Ok
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
width
height
Macedonia Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-07 10:00 AM Sep 3.7% 3.6% 4%
2021-11-08 11:00 AM Oct 4.1% 3.7% 4%
2021-12-07 11:00 AM Nov 4.1% 4.4%


Related Last Previous Unit Reference
Inflation Rate 4.10 3.70 percent Oct/21
Consumer Price Index CPI 119.55 119.69 points Sep/21
GDP Deflator 100.90 101.10 percent Dec/20
Food Inflation 4.60 3.90 percent Oct/21
Inflation Rate Mom 0.50 -0.10 percent Oct/21
Producer Prices Change 13.80 14.10 percent Sep/21
Producer Prices 120.60 120.70 points Sep/21
Core Inflation Rate 2.90 2.90 percent Sep/21
Core Consumer Prices 118.59 118.93 points Sep/21

News Stream
Macedonia Inflation Rate Quickens to Over 8-Year High
The annual inflation rate in Macedonia rose to 4.1 percent in October of 2021 from 3.7 percent in the prior month, quickening to its highest level since June of 2013. Main upward pressure came from transport charges (18.4 percent); prices of food & non-alcoholic beverages (4.6 percent); restaurants & hotels (8.0); and recreation & culture (3.3 percent). On the other hand, prices went down in communication (-0.9 percent). On a monthly basis, consumer prices advanced 0.5 percent in October, rebounding from a 0.1 percent decrease in September.
2021-11-08
Macedonia Inflation Rate at Over 8-Year High
The annual inflation rate in Macedonia ticked up to 3.7 percent in September of 2021 from 3.6 percent in the prior month, reaching its highest level since July of 2013. Main upward pressure came from prices of transport (15.7 percent vs 13.5 percent in August); restaurants & hotels (5.7 percent vs 4.8 percent); and recreation & culture (3.0 percent vs 2.1 percent). On the other hand, costs slowed a bit for food & non-alcoholic beverages (3.9 percent vs 4.1 percent); miscellaneous goods & services (0.8 percent vs 1.3 percent); and clothing & footwear (0.5 percent vs 1.6 percent). On a monthly basis, consumer prices were down 0.1 percent, after a 0.6 percent gain in August.
2021-10-07
Macedonia Inflation Rate at Over 8-Year High
The annual inflation rate in Macedonia edged up to 3.6 percent in August of 2021 from 3.4 percent in the prior month, reaching its highest level since July of 2013. Main upward pressure came from prices of transport (13.5 percent vs 13.6 percent in July); food & non-alcoholic beverages (4.1 percent vs 2.2 percent) and restaurants & hotels (4.8 percent vs 5.6 percent). On the other hand, costs slowed a bit for housing & utilities (0.2 percent vs 0.4 percent); health (2.6 percent vs 3.5 percent) and recreation & culture (2.1 percent vs 3 percent). On a monthly basis, consumer prices were up 0.6 percent, after a 0.5 percent gain in July.
2021-09-07

Macedonia Inflation Rate
In Macedonia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (40.9 percent of total weight). Housing and Utilities accounts for 13.8 percent; Transport for 7.9 percent; Clothing and Footwear for 7 percent; Restaurants and Hotels for 5.5 percent and Furniture, Household Goods and Maintenance for 5.4 percent. Miscellaneous Goods and Services; Alcoholic beverages and Tobacco ; Health; Communication; Recreation and Culture and Education account for the remaining 19.5 percent of total weight.