Cost of food in Macedonia increased 5.18 percent in January of 2026 over the same month in the previous year. Food Inflation in Macedonia averaged 3.18 percent from 2002 until 2026, reaching an all time high of 31.21 percent in October of 2022 and a record low of -5.30 percent in January of 2005. source: State Statistical Office of the Republic of Macedonia

Food Inflation in Macedonia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Food Inflation is projected to trend around 3.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 101.23 101.97 points Jan 2026
Core Consumer Prices 159.22 161.14 points Jan 2026
Core Inflation Rate 3.03 4.30 percent Jan 2026
Food Inflation 5.18 5.29 percent Jan 2026
GDP Deflator 135.29 131.63 points Sep 2025
Inflation Rate YoY 3.20 4.10 percent Jan 2026
Inflation Rate MoM -0.70 0.40 percent Jan 2026
Producer Prices 124.30 123.70 points Dec 2025
PPI YoY 4.10 3.90 percent Dec 2025


North Macedonia Food Inflation
Actual Previous Highest Lowest Dates Unit Frequency
5.18 5.29 31.21 -5.30 2002 - 2026 percent Monthly