Core consumer prices in Macedonia increased 4.83 percent in July of 2025 over the same month in the previous year. Core Inflation Rate in Macedonia averaged 2.86 percent from 2006 until 2025, reaching an all time high of 17.90 percent in October of 2022 and a record low of -2.20 percent in November of 2009. source: State Statistical Office of the Republic of Macedonia
Core Inflation Rate in Macedonia is expected to be 3.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the North Macedonia Core Inflation Rate is projected to trend around 2.70 percent in 2026 and 2.50 percent in 2027, according to our econometric models.