Cost of food in Macedonia increased 20.90 percent in December of 2022 over the same month in the previous year. source: State Statistical Office of the Republic of Macedonia

Food Inflation in Macedonia averaged 2.82 percent from 2003 until 2022, reaching an all time high of 31.20 percent in October of 2022 and a record low of -6.00 percent in January of 2005. This page provides the latest reported value for - Macedonia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. North Macedonia Food Inflation - values, historical data and charts - was last updated on February of 2023.

Food Inflation in Macedonia is expected to be 20.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Food Inflation is projected to trend around 4.00 percent in 2024, according to our econometric models.

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North Macedonia Food Inflation

Related Last Previous Unit Reference
Inflation Rate 14.20 19.50 percent Dec 2022
Consumer Price Index CPI 144.65 143.88 points Nov 2022
GDP Deflator 106.10 100.90 percent Dec 2021
Inflation Rate MoM -0.20 0.50 percent Dec 2022
Food Inflation 20.90 29.80 percent Dec 2022
Producer Prices Change 13.80 14.80 percent Nov 2022
Core Consumer Prices 140.92 140.26 points Nov 2022
Producer Prices 140.00 140.90 points Nov 2022
Core Inflation Rate 17.40 17.90 percent Nov 2022