Inflation North Macedonia 2007
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in December at 5.7%. The lowest inflation was in May at 0.7%.
- Highest month
- December: 5.7%
- Lowest month
- May: 0.7%
- Difference
- 5.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 4.7%. The lowest price increase was in Core inflation with an average of 1.9%.
- Highest increase
- Energy: 4.7%
- Lowest increase
- Core inflation: 1.9%
Historical Context
Current inflation is 1.0% higher than the 5-year average of 1.3%.
- 5-year average
- 1.3%
- 10-year average
- 1.3%
- All-time high (2006)
- 3.2%
- All-time low (2004)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2006, inflation has risen by -0.9 percentage point.
- Change vs. previous year
- -0.9 percentage points
- Largest monthly swing
- May: -3.3 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 1.3% | -1.5 |
| February | 0.9% | -1.7 |
| March | 1.1% | -1.7 |
| April | 1.2% | -2.0 |
| May | 0.7% | -3.3 |
| June | 1.3% | -1.7 |
| July | 1.2% | -2.6 |
| August | 2.2% | -1.7 |
| September | 3.4% | +0.3 |
| October | 3.8% | +1.3 |
| November | 4.3% | +0.5 |
| December | 5.7% | +2.7 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.