North Macedonia: Energy price inflation
* indicates monthly or quarterly data series
The most recent value is 8.7 percent as of April 2026, an increase compared to the previous value of 4.4 percent. Historically, the average for North Macedonia from December 2005 to April 2026 is 3.6 percent. The minimum of -10 percent was recorded in May 2020, while the maximum of 30.3 percent was reached in July 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | North Macedonia: Energy price inflation |
|---|---|
| 2026 Apr | 8.7 |
| 2026 Mar | 4.4 |
| 2026 Feb | -0.8 |
| 2026 Jan | -1 |
| 2025 Dec | 0.4 |
| 2025 Nov | 0.6 |
| 2025 Oct | 0.6 |
| 2025 Sep | 1.3 |
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Definition: Percent change in the inlfation for energy compared to the same month last year.
Energy CPI generally encompasses two primary sub-categories:Household Energy: Electricity, piped and delivered gas, heating oil, and solid fuels.Motor Fuels & Lubricants: Gasoline, diesel, and other fuels used for personal transportation.
Energy inflation is typically separated from food inflation and "core" inflation (all items less food and energy) to reveal the underlying drivers of a country's cost of living.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.5 | 2024 | percent |
| Exchange rate regimes | 6 | 2023 | index points |
| USD exchange rate | 53.5871 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 386.09 | 12/2025 | billion |
| Consumer Price Index (CPI) | 164.8137 | 4/2026 | index points |
| Inflation, monthly | 0.77 | 5/2026 | percent |
| Inflation, annual | 4.85 | 5/2026 | percent |
| Food and beverages inflation | 6.70 | 4/2026 | percent |
| Alcohol and tobacco inflation | 9.10 | 4/2026 | percent |
| Energy price inflation | 8.70 | 4/2026 | percent |
| Transport services inflation | 7.60 | 4/2026 | percent |
| Services inflation | 4.30 | 4/2026 | percent |
| Information and communication inflation | 2.80 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 4.60 | 4/2026 | percent |
| Health care inflation | 2.40 | 4/2026 | percent |
| Education services inflation | 1.80 | 4/2026 | percent |
| Clothing and footwear inflation | 1.80 | 4/2026 | percent |
| Housing inflation | 8.30 | 4/2026 | percent |
| Private sector credit | 547.76 | 12/2025 | billion |
| Business credit | 270.94 | 12/2025 | billion |
| Household credit | 276.81 | 12/2025 | billion |
| Mortgage credit | 109.34 | 12/2025 | billion |
| Consumer credit | 167.47 | 12/2025 | billion |
| Deposit interest rate | 2.70 | 11/2025 | percent |
| Business credit interest rate | 4.51 | 11/2025 | percent |
| Mortgage credit interest rate | 3.68 | 11/2025 | percent |
| Policy rate | 4.25 | 6/2026 | percent |
| Business credit in local currency | 7.50 | 3/2026 | billion local currency units |
| Business credit in foreign currency | 71.93 | 3/2026 | billion local currency units |
| Household credit in local currency | 161.89 | 3/2026 | billion local currency units |
| Household credit in foreign currency | 122.08 | 3/2026 | billion local currency units |
| Private credit in local currency | 169.39 | 3/2026 | billion local currency units |
| Private credit in foreign currency | 194.01 | 3/2026 | billion local currency units |
| Bank deposits, total | 403.54 | 5/2026 | billion local currency units |
| Bank deposits, local currency | 149.47 | 5/2026 | billion local currency units |
| Bank deposits, foreign currency | 254.07 | 5/2026 | billion local currency units |