Current inflation Северна Македонија 5.0%
February 2025
Current Inflation
Inflation is very high at 5.0%, far above the ECB target.
Historical Context
Current inflation is 2.1% lower than the 5-year average of 7.1%.
- 5-year average
- 7.1%
- 10-year average
- 4%
- All-time high (2022)
- 14.1%
- All-time low (2009)
- -0.7%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +1.5 percentage point.
ECB Target
Inflation is 3.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.00 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 5.0%
- Last year
- 3.5%
- 5-year average
- 5.0%
- All-time high (2022)
- 14.1%