Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market (points) 9444.66 9372 9290 9210 9130

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.30 0.9 0.7 0.8 0.8
GDP Annual Growth Rate (%) 3.10 3.3 3.4 3.2 3.2
Unemployment Rate (%) 11.30 11.1 11 10.8 10.8
Inflation Rate (%) 4.80 4.5 4.3 4 3.2
Interest Rate (%) 4.25 4.25 4.25 4 4
Current Account to GDP (% of GDP) -4.40 -3.8
Government Debt to GDP (% of GDP) 51.60 52
Government Budget (% of GDP) -4.00 -4.5

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.30 0.9 0.7 0.8 0.8
GDP Annual Growth Rate (%) 3.10 3.3 3.4 3.2 3.2
GDP Constant Prices (MKD Million) 240569.00 281627 307573 248267 248267
GDP (USD Billion) 16.69 17.31
Gross Fixed Capital Formation (MKD Million) 226482.00 234182
GDP per Capita (USD) 6700.64 6949
GDP per Capita PPP (USD) 24463.99 25369
Full Year GDP Growth (%) 3.50 3.7

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 11.30 11.1 11 10.8 10.8
Wages (MKD/Month) 73366.00 71812 73552 75949 76521
Wage Growth (%) 7.40 5 4.3 4.3 4.3
Population (Million) 1.82 1.82
Minimum Wages (MKD/Month) 38507.00 38200

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 4.80 4.5 4.3 4 3.2
Consumer Price Index CPI (points) 104.10 106 106 106 107
GDP Deflator (points) 135.30 141 141 141 140
Core Inflation Rate (%) 4.00 4.2 4 3.6 3
Food Inflation (%) 4.70 9 10 9.9 9.5
Producer Prices Change (%) 4.70 7.4 7 6.4 5.5
Producer Prices (points) 125.30 132 133 136 132
Core Consumer Prices (points) 162.58 167 168 166 167

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 4.25 4.25 4.25 4 4
Deposit Interest Rate (%) 3.75 3.75 3.75 3.5 3.5
Lending Rate (%) 4.75 4.75 4.75 4.5 4.5

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Industrial Production (%) -2.00 2.8 3 3.2 3.2

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Spending (MKD Million) 163347.00 181029 192255 168574 168574
Gasoline Prices (USD/Liter) 1.55 1.69 1.41 1.41 1.41
Retail Sales YoY (%) 7.30 2.3 2.1 2 2
Consumer Credit (MKD Million) 290598.36 277935 286224 293051 299898

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Current Account to GDP (% of GDP) -4.40 -3.8

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt to GDP (% of GDP) 51.60 52
Government Budget (% of GDP) -4.00 -4.5