Inflation North Macedonia 2009
Average inflation: -0.7%
Current Inflation
There is deflation with consumer prices declining by 0.7%.
Peak and Trough
The highest inflation was in January at 1.8%. The lowest inflation was in October at -2.3%.
- Highest month
- January: 1.8%
- Lowest month
- October: -2.3%
- Difference
- 4.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 0.0%. The lowest price increase was in Energy with an average of -1.3%.
- Highest increase
- Core inflation: 0.0%
- Lowest increase
- Energy: -1.3%
Historical Context
Current inflation is 3.4% lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 2%
- All-time high (2008)
- 8.4%
- All-time low (2009)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +9.1 percentage point.
- Change vs. previous year
- -9.1 percentage points
- Largest monthly swing
- June: -11.5 percentage points
ECB Target
Inflation is 2.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 1.8% | -6.7 |
| February | 0.7% | -8.7 |
| March | 0.2% | -9.8 |
| April | -0.4% | -10.4 |
| May | 0.4% | -9.0 |
| June | -1.6% | -11.5 |
| July | -1.2% | -10.4 |
| August | -1.4% | -9.7 |
| September | -1.3% | -8.4 |
| October | -2.3% | -9.6 |
| November | -2.2% | -8.2 |
| December | -1.6% | -6.8 |
| Average | -0.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.