Inflation North Macedonia 2013

Average inflation: 2.8%

Current Inflation

Inflation is normal at 2.8%, around the ECB target.

Peak and Trough

The highest inflation was in June at 4.2%. The lowest inflation was in November at 1.1%.

Highest month
June: 4.2%
Lowest month
November: 1.1%
Difference
3.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 3.4%. The lowest price increase was in Energy with an average of -0.7%.

Highest increase
Food: 3.4%
Lowest increase
Energy: -0.7%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 2.2%.

5-year average
2.2%
10-year average
2.5%
All-time high (2008)
8.4%
All-time low (2009)
-0.7%

Trend

Inflation shows a downward trend. Compared to 2012, inflation has fallen by +0.5 percentage point.

Change vs. previous year
-0.5 percentage points
Largest monthly swing
October: -3.9 percentage points

ECB Target

Inflation is 0.8% 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 €102.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Inflation by category

Food
3.4%
+0.6vs avg.
More details →
Energy
-0.7%
-3.5vs avg.
More details →
Core inflation
2.1%
-0.6vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 3.8% +0.6
February 3.5% +0.7
March 3.1% +1.7
April 3.3% +1.1
May 3.4% +1.3
June 4.2% +1.9
July 4.0% +1.8
August 2.8% -0.9
September 1.6% -3.7
October 1.3% -3.9
November 1.1% -3.5
December 1.4% -3.4
Average 2.8%

Data source

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

See also