Core consumer prices in Macedonia increased 2.90 percent in September of 2021 over the same month in the previous year. source: State Statistical Office of the Republic of Macedonia

Core Inflation Rate in Macedonia averaged 1.67 percent from 2006 until 2021, reaching an all time high of 8.10 percent in June of 2008 and a record low of -2.20 percent in November of 2009. This page provides - Macedonia Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Core Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Core Inflation Rate in Macedonia is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Core Inflation Rate is projected to trend around 1.70 percent in 2022 and 1.10 percent in 2023, according to our econometric models.

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Macedonia Core Inflation Rate


Macedonia Last Unit Reference Previous Highest Lowest
Inflation Rate 3.70 percent Sep/21 3.60 9.90 -2.10
Consumer Price Index CPI 119.73 points Aug/21 118.96 119.73 84.91
GDP Deflator 100.90 percent Dec/20 101.10 1371.80 99.83
Food Inflation 3.90 percent Sep/21 4.10 20.40 -6.00
Core Inflation Rate 2.90 percent Sep/21 2.90 8.10 -2.20
Core Consumer Prices 118.59 points Sep/21 118.93 118.93 89.65
Inflation Rate Mom -0.10 percent Sep/21 0.60 4.10 -2.80
Producer Prices Change 14.10 percent Aug/21 14.00 20.57 -5.50
Producer Prices 120.70 points Aug/21 118.70 120.70 87.90


Macedonia Core Inflation Rate
In Macedonia, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as energy, liquid fuels and lubricants and unprocessed food.