North Macedonia: Inflation, annual

* indicates monthly or quarterly data series
The most recent value is 3.8 percent as of March 2025, a decline compared to the previous value of 5.98 percent. Historically, the average for North Macedonia from December 2005 to March 2025 is 3.16 percent. The minimum of -1.73 percent was recorded in October 2009, while the maximum of 19.36 percent was reached in October 2022. Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: Eurostat

Recent values North Macedonia: Inflation, annual percent change in the CPI
2025  Mar 3.8
2025  Feb 5.98
2025  Jan 5.82
2024  Dec 5.65
2024  Nov 5.6
2024  Oct 4.62
2024  Sep 3.69
2024  Aug 3.11


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Definition: Percent change in the CPI from the same month last year.

 Related indicators Latest Reference Measure
 Inflation 9.4 2023 percent
 Exchange rate regimes 6 2022 index points
 USD exchange rate 54.8716 4/2025 Local Currency Units per USD
 Money supply (broad money) 332.44 3/2025 billion
 Consumer Price Index (CPI) 145.6400 3/2025 index points
 Inflation, monthly -1.19 3/2025 percent
 Inflation, annual 3.80 3/2025 percent
 Private sector credit 496.03 3/2025 billion
 Business credit 241.31 3/2025 billion
 Household credit 254.72 3/2025 billion
 Mortgage credit 97.47 3/2025 billion
 Consumer credit 157.25 3/2025 billion
 Deposit interest rate 2.72 3/2025 percent
 Business credit interest rate 4.88 3/2025 percent
 Mortgage credit interest rate 3.92 3/2025 percent
 Policy rate 5.35 3/2025 percent
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