Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 52.99 52.66 52.25 52.01 51.76
Stock Market (points) 9192.61 9314 9176 9093 9012

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 1.30 0.9 0.7 0.8 0.7
GDP Annual Growth Rate (%) 4.30 3.3 3.4 3.2 3.2
Unemployment Rate (%) 11.30 11.2 11.3 11.4 11.5
Inflation Rate (%) 2.30 2.6 2.8 2.7 2.8
Interest Rate (%) 4.25 4.5 4.5 4.75 4.75
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 (%) 1.30 0.9 0.7 0.8 0.7
GDP Annual Growth Rate (%) 4.30 3.3 3.4 3.2 3.2
GDP Constant Prices (MKD Million) 272385.00 281627 307573 248267 281101
GDP (USD Billion) 19.10 19.81
Gross Fixed Capital Formation (MKD Million) 226482.00 234182
GDP per Capita (USD) 6873.00 7127
GDP per Capita PPP (USD) 25094.62 26023
Full Year GDP Growth (%) 3.50 3.7

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 11.30 11.2 11.3 11.4 11.5
Wages (MKD/Month) 72785.00 72769 74469 76022 75915
Wage Growth (%) 6.50 6.4 5.6 4.4 4.3
Population (Million) 1.82 1.82
Minimum Wages (MKD/Month) 38507.00 38507

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 2.30 2.6 2.8 2.7 2.8
Consumer Price Index CPI (points) 103.60 104 105 105 106
GDP Deflator (points) 137.22 138 139 139 141
Producer Prices (points) 130.40 131 133 137 139
Core Consumer Prices (points) 163.27 165 166 165 167
Core Inflation Rate (%) 1.90 3 3.1 3.4 3
Food Inflation (%) 2.30 2 2.9 3.6 3
Producer Prices Change (%) 6.50 6.7 7 7.2 6.7

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 4.25 4.5 4.5 4.75 4.75
Deposit Interest Rate (%) 3.75 4 4 4.25 4.25
Lending Rate (%) 4.75 5 5 5.25 5.25

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Industrial Production (%) 1.30 2.8 3 3.2 3.6

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Consumer Spending (MKD Million) 181941.00 181029 192255 168574 187763
Gasoline Prices (USD/Liter) 1.76 1.69 1.41 1.41 1.41
Retail Sales YoY (%) 5.60 -1 1.5 1.7 2.3
Consumer Credit (MKD Million) 297012.91 277935 286224 293051 303843

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