Inflation North Macedonia 2012
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 5.3%. The lowest inflation was in March at 1.4%.
- Highest month
- September: 5.3%
- Lowest month
- March: 1.4%
- Difference
- 3.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 9.2%. The lowest price increase was in Core inflation with an average of 1.0%.
- Highest increase
- Energy: 9.2%
- Lowest increase
- Core inflation: 1.0%
Historical Context
Current inflation is around the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 2.3%
- All-time high (2008)
- 8.4%
- All-time low (2009)
- -0.7%
Trend
Inflation shows an upward trend. Compared to 2011, inflation has risen by -0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- March: -3.6 percentage points
ECB Target
Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
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 €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 3.2% | +0.1 |
| February | 2.8% | -0.9 |
| March | 1.4% | -3.6 |
| April | 2.2% | -2.5 |
| May | 2.1% | -3.0 |
| June | 2.3% | -2.0 |
| July | 2.2% | -1.7 |
| August | 3.7% | 0.0 |
| September | 5.3% | +1.8 |
| October | 5.2% | +1.8 |
| November | 4.6% | +1.0 |
| December | 4.8% | +2.0 |
| Average | 3.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.