Industrial production in Macedonia grew 8.5% year-on-year in May of 2022, recovering from a 3.8% decline in the previous month. Considering the first five months of 2022, industrial activity rose 2.9% over a year ago. source: State Statistical Office of the Republic of Macedonia
Industrial Production in Macedonia averaged 1.36 percent from 2005 until 2022, reaching an all time high of 46.10 percent in April of 2021 and a record low of -33.50 percent in April of 2020. This page provides - Macedonia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Industrial Production in Macedonia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Industrial Production is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.