North Macedonia - Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in North Macedonia was 1.20 as of 2020. As the graph below shows, over the past 26 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.

See also:

Year Value
1994 126.58
1995 16.37
1996 2.47
1997 1.29
1998 0.54
1999 -1.28
2000 6.61
2001 5.20
2002 2.31
2003 0.86
2004 -0.45
2005 0.53
2006 3.21
2007 2.25
2008 8.33
2009 -0.74
2010 1.51
2011 3.90
2012 3.32
2013 2.79
2014 -0.28
2015 -0.30
2016 -0.24
2017 1.35
2018 1.46
2019 0.77
2020 1.20

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices