Macedonia Interest Rate

The benchmark interest rate in Macedonia was last recorded at 3.25 percent. Interest Rate in Macedonia is reported by the National Bank of the Republic of Macedonia. Interest Rate in Macedonia averaged 6.64 Percent from 2002 until 2014, reaching an all time high of 15.21 Percent in December of 2002 and a record low of 3.21 Percent in June of 2013. In Macedonia, interest rates decisions are taken by the National Bank of the Republic of Macedonia. The National Bank of the Republic of Macedonia official interest rate is the Central Bank bills rate. This page provides - Macedonia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.25 3.25 15.21 3.21 3.25 | 2014/04 2002 - 2014 Percent Monthly

TO

Macedonia Interest Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-30 03:00 PM Macedonia
Interest Rate Decision
Dec 2013 3.25% 3.25% 3.25%
[+]

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 3.25 2014-03-31 3.25 15.21 3.21 3.25 2014-04-30 Percent [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Macedonia Inflation Rate at 0.20 Percent  
The inflation rate in Macedonia was recorded at 0.20 percent in March of 2014. Inflation Rate in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Balance of Trade at -181811.00 USD Thousands  
Macedonia recorded a trade deficit of 181811 USD Thousands in February of 2014. Balance of Trade in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Current Account at -22.90 USD Million  
Macedonia recorded a Current Account deficit of 22.90 USD Million in January of 2014. Current Account in Macedonia is reported by the National Bank of the Republic of Macedonia.
Macedonia Changes in Inventories at 29519.00 MKD Million  
Changes in Inventories in Macedonia increased to 29519 MKD Million in 2012 from 25850 MKD Million in 2011. Changes in Inventories in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Price Index (CPI) at 100.56 Index Points  
Consumer Price Index (CPI) in Macedonia decreased to 100.56 Index Points in March of 2014 from 100.73 Index Points in February of 2014. Consumer Price Index (CPI) in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Consumer Spending at 90372.00 MKD Million  
Consumer Spending in Macedonia increased to 90372 MKD Million in the fourth quarter of 2013 from 89925 MKD Million in the third quarter of 2013. Consumer Spending in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Employed Persons at 685479.00  
The number of employed persons in Macedonia increased to 685479 in the fourth quarter of 2013 from 682448 in the third quarter of 2013. Employed Persons in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia Exports at 376474.00 USD Thousands  
Exports in Macedonia increased to 376474 USD Thousands in February of 2014 from 320416 USD Thousands in January of 2014. Exports in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Constant Prices at 127842.00 MKD Million  
GDP Constant Prices in Macedonia increased to 127842 MKD Million in the fourth quarter of 2013 from 123246 MKD Million in the third quarter of 2013. GDP Constant Prices in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
Macedonia GDP Deflator at 100.13 Percent  
GDP Deflator in Macedonia decreased to 100.13 percent in 2012 from 103.10 percent in 2011. GDP Deflator in Macedonia is reported by the State Statistical Office of the Republic of Macedonia.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News