Macedonia's producer prices rose 1.6% year-on-year in April 2023, easing from a 5% hike in the previous month. This was the lowest producer inflation rate since November 2020, as cost declined significantly for mining & quarrying (-9.8% vs -2.4% in March) and prices also slowed for manufacturing (1.6% vs 5.6%). On the other hand, prices advanced faster for electricity, gas, steam & air conditioning supply (17.1% vs 5%). On a monthly basis, producer prices went up 0.4% in April, following a 0.1% fall in the prior month. source: State Statistical Office of the Republic of Macedonia

Producer Prices Change in Macedonia averaged 3.43 percent from 2011 until 2023, reaching an all time high of 23.30 percent in April of 2022 and a record low of -5.50 percent in October of 2015. 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. North Macedonia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Producer Prices Change in Macedonia is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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North Macedonia Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-05-10 10:00 AM Mar 5% 10.4% 7.6%
2023-06-09 10:40 AM Apr 1.6% 5% 5.1%
2023-07-10 10:00 AM May 1.6%


Related Last Previous Unit Reference
Inflation Rate 11.30 13.00 percent May 2023
Consumer Price Index CPI 146.11 145.11 points Apr 2023
GDP Deflator 108.00 103.60 percent Dec 2022
Food Inflation 7.10 9.65 percent May 2023
Inflation Rate MoM 0.40 0.70 percent May 2023
Producer Prices Change 1.60 5.00 percent Apr 2023
Producer Prices 141.10 140.60 points Apr 2023
Core Inflation Rate 13.19 14.13 percent Apr 2023
Core Consumer Prices 143.35 142.07 points Apr 2023

North 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.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 5.00 23.30 -5.50 2011 - 2023 percent Monthly
2015=100

News Stream
Macedonia Producer Inflation Lowest Since 2020
Macedonia's producer prices rose 1.6% year-on-year in April 2023, easing from a 5% hike in the previous month. This was the lowest producer inflation rate since November 2020, as cost declined significantly for mining & quarrying (-9.8% vs -2.4% in March) and prices also slowed for manufacturing (1.6% vs 5.6%). On the other hand, prices advanced faster for electricity, gas, steam & air conditioning supply (17.1% vs 5%). On a monthly basis, producer prices went up 0.4% in April, following a 0.1% fall in the prior month.
2023-06-09
Macedonia Producer Inflation Eases to Nearly 2-Year Low
Macedonia's producer prices rose 5% year-on-year in March 2023, easing from a 10.4% hike in the previous month. This was the lowest producer inflation rate since February 2021, as cost slowed significantly for electricity, gas, steam & air conditioning supply (5% vs 13.8% in February) and manufacturing (5.6% vs 10.8%). Also, prices declined sharply for mining and quarrying (-2.4% vs 2.6%). On a monthly basis, producer prices went down 0.1% in March, following a 0.2% fall in the prior month.
2023-05-10
Macedonia Producer Inflation Eases to Almost 1-1/2 Year Low
Macedonia's producer prices increased by 13.3 percent year-on-year in December 2022, easing from a 13.8 percent rise in the previous month. It was the lowest producer inflation rate since June 2021, as cost slowed for electricity, gas, steam & air conditioning supply (27.2 percent vs 31.3 percent in November) and manufacturing (13.2 percent vs 13.8 percent). However, it grew for mining & quarrying by 2.8 percent, reversing the 1.4 percent decrease in the prior period. On a monthly basis, producer prices advanced by 0.6 percent, after the 0.7 percent fall in November. For the entire 2022, producer prices rose by 17.3 percent.
2023-02-10