Macedonia - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Macedonia was 1.61 as of 2010. As the graph below shows, over the past 16 years this indicator reached a maximum value of 126.58 in 1994 and a minimum value of -1.28 in 1999.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
Source: International Monetary Fund, International Financial Statistics and data files.
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in Macedonia was 2.16 as of 2010. As the graph below shows, over the past 19 years this indicator reached a maximum value of 1,271.77 in 1992 and a minimum value of 0.69 in 2009.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices