The annual inflation rate in Macedonia edged up to 3.6 percent in August of 2021 from 3.4 percent in the prior month, reaching its highest level since July of 2013. Main upward pressure came from prices of transport (13.5 percent vs 13.6 percent in July); food & non-alcoholic beverages (4.1 percent vs 2.2 percent) and restaurants & hotels (4.8 percent vs 5.6 percent). On the other hand, costs slowed a bit for housing & utilities (0.2 percent vs 0.4 percent); health (2.6 percent vs 3.5 percent) and recreation & culture (2.1 percent vs 3 percent). On a monthly basis, consumer prices were up 0.6 percent, after a 0.5 percent gain in July. source: State Statistical Office of the Republic of Macedonia

Inflation Rate in Macedonia averaged 1.67 percent from 2006 until 2021, reaching an all time high of 9.90 percent in June of 2008 and a record low of -2.10 percent in December of 2009. This page provides the latest reported value for - Macedonia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Macedonia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Inflation Rate in Macedonia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Inflation Rate is projected to trend around 2.20 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Macedonia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.40 9.90 -2.10 2006 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 10:00 AM May 3% 2.7% 2.6%
2021-07-07 10:00 AM Jun 2.7% 3% 2.9%
2021-08-09 10:00 AM Jul 3.4% 2.7% 2.5%
2021-09-07 10:00 AM Aug 3.6% 3.4% 4%
2021-10-07 10:00 AM Sep 3.6%
2021-11-08 11:00 AM Oct
2021-12-07 11:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Macedonia Inflation Rate at Over 8-Year High
The annual inflation rate in Macedonia edged up to 3.6 percent in August of 2021 from 3.4 percent in the prior month, reaching its highest level since July of 2013. Main upward pressure came from prices of transport (13.5 percent vs 13.6 percent in July); food & non-alcoholic beverages (4.1 percent vs 2.2 percent) and restaurants & hotels (4.8 percent vs 5.6 percent). On the other hand, costs slowed a bit for housing & utilities (0.2 percent vs 0.4 percent); health (2.6 percent vs 3.5 percent) and recreation & culture (2.1 percent vs 3 percent). On a monthly basis, consumer prices were up 0.6 percent, after a 0.5 percent gain in July.
2021-09-07
Macedonia Annual Inflation Rate at 8-Year High
The annual inflation rate in Macedonia rose to 3.4 percent in July of 2021 from 2.7 percent in the previous month. It was the highest inflation rate since July 2013 as cost advanced mainly for food & non-alcoholic beverages (2.2 percent vs 1.0 percent in June); transport (13.6 percent vs 9.3 percent); and housing & utilities (4.4 percent vs 4.3 percent); and health (3.5 percent vs 3.0 percent). On the other hand, cost slowed for furnishing (0.5 percent vs 1.4 percent); restaurants & hotels (5.6 percent vs 6.3 percent); and miscellaneous goods & services (1.1 percent vs 1.6 percent). On a monthly basis, consumer prices inched up 0.5 percent, the same as in June.
2021-08-09
Macedonia Annual Inflation Rate Slows from 2013 High
The annual inflation rate in Macedonia decreased to 2.7 percent in June of 2021 from a near 8-1/2-year high of 3.0 percent in the previous month. Cost slowed slightly for food & non-alcoholic beverages (1.0 percent vs 1.89 percent in May); transportation (9.3 percent vs 9.58 percent); recreation & culture (3.2 percent vs 3.42 percent); health (3.0 percent vs 3.25 percent); and furnishings (1.4 percent vs 1.61 percent). Meantime, inflation was steady for housing & utilities (4.3 percent); and alcoholic beverages (4.0 percent). On the other hand cost accelerated for restaurants & hotels (6.3 percent vs 5.45 percent); and miscellaneous goods & services (1.6 percent vs 1.12 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 0.7 percent gain in the month prior.
2021-07-07
Macedonia Annual Inflation Rate Rises to 3.0% in May
The annual inflation rate in Macedonia edged up to 3 percent in May of 2021, from 2.7 percent in the previous month. This was the fastest increase since July of 2013, due to low base effects from the early months of the pandemic outbreak. Main upward pressure came from cost of clothing & footwear (0.9 percent vs -0.6 percent in April) and health services (3.3 percent vs 3.1 percent) while inflation slowed for transports (9.6 percent vs 10.6 percent), food & non-alcoholic beverages (1.9 percent vs 4.1 percent) and housing & utilities (4.3 percent vs 4.4 percent). On a monthly basis, consumer prices grew by 0.7 percent, following a 0.7 percent increase in the month prior.
2021-06-07

Macedonia Inflation Rate
In Macedonia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (40.9 percent of total weight). Housing and Utilities accounts for 13.8 percent; Transport for 7.9 percent; Clothing and Footwear for 7 percent; Restaurants and Hotels for 5.5 percent and Furniture, Household Goods and Maintenance for 5.4 percent. Miscellaneous Goods and Services; Alcoholic beverages and Tobacco ; Health; Communication; Recreation and Culture and Education account for the remaining 19.5 percent of total weight.