Inflation North Macedonia 2015
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in June at 0.5%. The lowest inflation was in January at -1.2%.
- Highest month
- June: 0.5%
- Lowest month
- January: -1.2%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 0.3%. The lowest price increase was in Energy with an average of -4.8%.
- Highest increase
- Core inflation: 0.3%
- Lowest increase
- Energy: -4.8%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 2.4%
- All-time high (2008)
- 8.4%
- All-time low (2009)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2014, inflation has fallen by +0.0 percentage point.
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- January: -2.1 percentage points
ECB Target
Inflation is 2.3% 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 €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -1.2% | -2.1 |
| February | -1.1% | -1.7 |
| March | -0.3% | -0.5 |
| April | 0.0% | +1.1 |
| May | 0.2% | +0.8 |
| June | 0.5% | +1.6 |
| July | -0.4% | -0.6 |
| August | 0.0% | +0.6 |
| September | -0.2% | +0.5 |
| October | -0.5% | -0.1 |
| November | -0.3% | 0.0 |
| December | -0.3% | +0.3 |
| Average | -0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.