Macedonia Inflation Rate

Last Release

Apr 30, 2025

Actual

2.6

Units In

2.7

Frequency

Monthly

Next Release

Jun 09, 2025

Time to Release

1 Months 0 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
19.8 Oct 2022	-2.1 Dec 2009	3.1 %	2006-2025	State Statistical Office of the Republic of Macedonia

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.

Latest Updates

North Macedonia’s annual inflation rate eased slightly to 2.6% in April 2025, down from 2.7% in the previous month. The moderation was mainly driven by slower price increases in several categories, including miscellaneous goods and services (2.7% vs 3.8% in March), restaurants and hotels (11.4% vs 12%), and food and non-alcoholic beverages (1.5% vs 2.1%). However, these effects were partially offset by stronger inflation in furnishings, household equipment and routine maintenance of the house (4.4% vs 3.3%), and recreation and culture (6.8% vs 6%). Additionally, the pace of price declines slowed in transport (-1.7% vs -3.8%). On a monthly basis, the CPI rose by 0.6%, rebounding from a 1.3% drop in the previous month.