Macedonia’s producer prices rose 2.3 percent over a year earlier in July 2019, following a 1.4 percent gain in the previous month. It was the highest producer inflation rate since February last year, as prices advanced further for energy (1.7 percent compared to 0.9 percent in June); durable (1.5 percent compared to 1.2 percent) and non-durable consumer goods (2 percent compared to 1.6 percent). Also, cost of intermediate goods rebounded (1.4 percent compared to -0.9 percent). On the other hand, prices of capital goods slowed (6.1 percent compared to 8 percent). On a monthly basis, consumer prices increased 0.4 percent. Producer Prices Change in Macedonia averaged 1.09 percent from 2011 until 2019, reaching an all time high of 20.57 percent in February of 2011 and a record low of -5.50 percent in October of 2015.

Producer Prices Change in Macedonia is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Macedonia to stand at 1.60 in 12 months time. In the long-term, the Macedonia Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.

Macedonia Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 10:00 AM PPI YoY Apr 1.7% 1.2% 1.4%
2019-07-10 10:10 AM PPI YoY May 1.8% 1.7% 1.9%
2019-08-09 08:55 AM PPI YoY Jun 1.4% 1.8% 1.5%
2019-09-10 10:00 AM PPI YoY Jul 2.3% 1.4% 1.3%
2019-10-10 10:00 AM PPI YoY Aug 2.3%
2019-11-11 11:00 AM PPI YoY Sep
2019-12-10 11:00 AM PPI YoY Oct


Macedonia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.80 9.90 -2.10 percent [+]
Consumer Price Index CPI 113.56 113.35 114.62 84.91 Index Points [+]
GDP Deflator 103.50 104.10 1371.80 99.83 percent [+]
Inflation Rate Mom 0.30 0.20 4.10 -2.80 percent [+]
Producer Prices 104.50 104.10 115.70 92.70 Index Points [+]
Producer Prices Change 2.30 1.40 20.57 -5.50 percent [+]
Food Inflation 1.80 1.00 20.40 -6.00 percent [+]
Core Consumer Prices 113.89 113.68 113.89 89.65 Index Points [+]
Core Inflation Rate 1.10 1.30 8.10 -2.20 percent [+]


Macedonia Producer Prices Change

In Macedonia, the industrial producer price indices measure the changes of the industrial producer price levels of the industrial products/services produced in the country and sold on the domestic market and the non-domestic market. The sample of 2010 (as base year) for the industrial producer price indices covers 394 enterprises with 1274 industrial products/services. This page provides the latest reported value for - Macedonia Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 1.40 20.57 -5.50 2011 - 2019 percent Monthly
2015=100




Country Last Previous
Argentina 52.40 Jul/19
Australia 2.00 Jun/19
Brazil 4.50 Aug/19
Canada -1.70 Jul/19
China -0.80 Aug/19
Euro Area 0.20 Jul/19
France 0.00 Jul/19
Germany 1.10 Jul/19
India 1.08 Aug/19
Indonesia 0.90 Aug/19
Italy -0.50 Jul/19
Japan -0.90 Aug/19
Mexico 3.38 Jul/19
Netherlands 0.19 Jul/19
Russia 0.30 Aug/19
Saudi Arabia 2.70 Jul/19
Singapore -6.00 Jul/19
South Africa 4.90 Jul/19
South Korea -0.30 Jul/19
Spain -0.80 Jul/19
Switzerland -1.90 Aug/19
Turkey 13.45 Aug/19
United Kingdom 1.60 Aug/19
United States 1.80 Aug/19


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