North Macedonia's central bank decided to raise its policy rate by 50 bps to 2.5%, as a preventive response to the expectations for higher inflation and the downside risks related to it in the forthcoming period. source: National Bank of the Republic of Macedonia
Interest Rate in Macedonia averaged 5 percent from 2002 until 2022, reaching an all time high of 15.21 percent in December of 2002 and a record low of 1.25 percent in March of 2021. This page provides the latest reported value for - Macedonia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Interest Rate in Macedonia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Interest Rate is projected to trend around 2.75 percent in 2023, according to our econometric models.