Inflation North Macedonia 2010

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in November at 3.2%. The lowest inflation was in May at -0.4%.

Highest month
November: 3.2%
Lowest month
May: -0.4%
Difference
3.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 12.2%. The lowest price increase was in Core inflation with an average of -0.1%.

Highest increase
Energy: 12.2%
Lowest increase
Core inflation: -0.1%

Historical Context

Current inflation is 1.4% lower than the 5-year average of 2.9%.

5-year average
2.9%
10-year average
1.9%
All-time high (2008)
8.4%
All-time low (2009)
-0.7%

Trend

Inflation shows a downward trend. Compared to 2009, inflation has fallen by +2.2 percentage point.

Change vs. previous year
+2.2 percentage points
Largest monthly swing
October: +5.4 percentage points

ECB Target

Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2010

Inflation by category

Food
0.2%
-1.3vs avg.
More details →
Energy
12.2%
+10.7vs avg.
More details →
Core inflation
-0.1%
-1.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2009
January -0.3% -2.1
February 0.3% -0.4
March 0.5% +0.3
April 1.2% +1.6
May -0.4% -0.8
June 1.6% +3.2
July 1.7% +2.9
August 2.1% +3.5
September 2.3% +3.6
October 3.1% +5.4
November 3.2% +5.4
December 3.0% +4.6
Average 1.5%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also