Construction output in Macedonia decreased 0.50 percent in August of 2018 over the same month in the previous year. Construction Output in Macedonia averaged 13.52 percent from 2006 until 2018, reaching an all time high of 156.50 percent in February of 2013 and a record low of -53.50 percent in February of 2012.
Construction Output in Macedonia is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Macedonia to stand at 10.93 in 12 months time. In the long-term, the Macedonia Construction Output is projected to trend around 12.20 percent in 2020, according to our econometric models.