North Macedonia Core CPI Change

2014 - 2025 | Monthly | % | CEIC Data

Key information about North Macedonia Core CPI Change

  • North Macedonia Core CPI Change was reported at 4.680 % in Sep 2025.
  • This records an increase from the previous number of 4.570 % for Aug 2025.
  • North Macedonia Core CPI Change data is updated monthly, averaging 0.800 % from Aug 2014 to Sep 2025, with 134 observations.
  • The data reached an all-time high of 10.800 % in Jan 2023 and a record low of -1.092 % in Jan 2015.
  • North Macedonia Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

The National Bank of the Republic of North Macedonia provides monthly Core Consumer Price Index Growth with base Same Month Previous Year=100.

View North Macedonia's Core CPI Change from Aug 2014 to Sep 2025 in the chart:

North Macedonia Core CPI Change

What was North Macedonia's Core CPI Change in Sep 2025?

North Macedonia Core CPI Change was reported at 4.680 % in Sep 2025. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.680 Sep 2025 4.570 Aug 2025 -1.092 Jan 2015 10.800 Jan 2023 % monthly Aug 2014 - Sep 2025

Core CPI Change by Country Comparison

country/region Last Frequency Range
Argentina (%) 33.398 Oct 2025 monthly Dec 2017 - Oct 2025
Armenia (%) 3.380 Oct 2025 monthly Jan 2006 - Oct 2025
Australia (%) 3.441 Sep 2025 quarterly Dec 1987 - Sep 2025
Austria (%) 3.353 Oct 2025 monthly Jan 1997 - Oct 2025
Belarus (%) 7.258 Oct 2025 monthly Dec 2006 - Oct 2025
Belgium (%) 2.557 Oct 2025 monthly Jan 1997 - Oct 2025
Brazil (%) 5.120 Oct 2025 monthly Jun 1995 - Oct 2025
Bulgaria (%) 3.901 Oct 2025 monthly Dec 1997 - Oct 2025
Cambodia (%) 1.098 Oct 2025 monthly Dec 2011 - Oct 2025
Canada (%) 2.883 Oct 2025 monthly Jan 1985 - Oct 2025
Chile (%) 2.988 Oct 2025 monthly Jan 2010 - Oct 2025
China (%) 1.200 Oct 2025 monthly Jan 2006 - Oct 2025
Colombia (%) 5.526 Oct 2025 monthly Jan 2000 - Oct 2025
Croatia (%) 3.601 Oct 2025 monthly Jan 1999 - Oct 2025
Cyprus (%) 0.729 Oct 2025 monthly Jan 1997 - Oct 2025
Czech Republic (%) 3.150 Oct 2025 monthly Jan 1997 - Oct 2025
Denmark (%) 2.290 Oct 2025 monthly Jan 2001 - Oct 2025
Egypt (%) 12.090 Oct 2025 monthly Jan 2005 - Oct 2025
Estonia (%) 5.659 Oct 2025 monthly Jan 1997 - Oct 2025
European Union (%) 2.687 Oct 2025 monthly Jan 1997 - Oct 2025
Finland (%) 1.897 Oct 2025 monthly Jan 1997 - Oct 2025
France (%) 1.494 Oct 2025 monthly Jan 1997 - Oct 2025
Georgia (%) 2.563 Nov 2025 monthly Jan 2010 - Nov 2025
Germany (%) 2.837 Oct 2025 monthly Jan 2006 - Oct 2025
Ghana (%) 6.200 Oct 2025 monthly Jan 2016 - Oct 2025
Greece (%) -0.017 Oct 2025 monthly Jan 1996 - Oct 2025
Hungary (%) 4.173 Oct 2025 monthly Jan 1996 - Oct 2025
Iceland (%) 3.647 Nov 2025 monthly Mar 1998 - Nov 2025
India (%) 4.404 Oct 2025 monthly Jan 2012 - Oct 2025
Indonesia (%) 2.358 Nov 2025 monthly Jan 2009 - Nov 2025
Ireland (%) 2.647 Oct 2025 monthly Jan 1997 - Oct 2025
Israel (%) 2.372 Oct 2025 monthly Jan 1993 - Oct 2025
Italy (%) 2.119 Oct 2025 monthly Jan 1997 - Oct 2025
Japan (%) 3.058 Oct 2025 monthly Jan 2001 - Oct 2025
Kazakhstan (%) 12.300 Oct 2025 monthly Jan 2003 - Oct 2025
South Korea (%) 2.510 Oct 2025 monthly Jan 1976 - Oct 2025
Kuwait (%) 1.530 Aug 2025 monthly May 2017 - Aug 2025
Kyrgyzstan (%) 7.191 Oct 2025 monthly Jan 2010 - Oct 2025
Laos (%) 17.693 Dec 2024 monthly Dec 2011 - Dec 2024
Latvia (%) 4.247 Oct 2025 monthly Jan 1997 - Oct 2025
Lithuania (%) 4.512 Oct 2025 monthly Jan 2001 - Oct 2025
Luxembourg (%) 2.909 Oct 2025 monthly Jan 1997 - Oct 2025
North Macedonia (%) 4.680 Sep 2025 monthly Aug 2014 - Sep 2025
Malaysia (%) 2.199 Oct 2025 monthly Jan 2016 - Oct 2025
Malta (%) 2.701 Oct 2025 monthly Jan 1997 - Oct 2025
Mauritius (%) 5.900 Oct 2025 monthly Jun 2004 - Oct 2025
Mexico (%) 4.284 Oct 2025 monthly Jan 1983 - Oct 2025
Moldova (%) 7.069 Oct 2025 monthly Dec 2010 - Oct 2025
Mongolia (%) 17.102 Jun 2022 monthly Jan 2016 - Jun 2022
Montenegro (%) 10.717 Dec 2022 monthly Jan 2011 - Dec 2022
Morocco (%) 1.115 2018 yearly 2004 - 2018
Netherlands (%) 2.979 Oct 2025 monthly Jan 1997 - Oct 2025
New Zealand (%) 2.893 Sep 2025 quarterly Jun 2000 - Sep 2025
Nigeria (%) 18.687 Oct 2025 monthly Jan 1996 - Oct 2025
Norway (%) 3.282 Oct 2025 monthly Jan 1996 - Oct 2025
Pakistan (%) 6.600 Nov 2025 monthly Sep 2010 - Nov 2025
Paraguay (%) 4.142 Nov 2025 monthly Dec 1993 - Nov 2025
Peru (%) 2.119 Oct 2025 monthly Dec 1991 - Oct 2025
Philippines (%) 2.536 Oct 2025 monthly Jan 1995 - Oct 2025
Poland (%) 3.000 Oct 2025 monthly Jan 1998 - Oct 2025
Portugal (%) 2.149 Oct 2025 monthly Jan 1949 - Oct 2025
Romania (%) 7.922 Oct 2025 monthly Jan 1997 - Oct 2025
Russia (%) 6.940 Oct 2025 monthly Jan 2003 - Oct 2025
Serbia (%) 5.500 Dec 2024 monthly Jan 2007 - Dec 2024
Singapore (%) 1.200 Oct 2025 monthly Jan 1991 - Oct 2025
Slovakia (%) 4.677 Oct 2025 monthly Jan 1997 - Oct 2025
Slovenia (%) 2.000 Oct 2025 monthly Jan 2001 - Oct 2025
South Africa (%) 3.100 Oct 2025 monthly Jan 2009 - Oct 2025
Spain (%) 2.495 Oct 2025 monthly Jan 2003 - Oct 2025
Sri Lanka (%) 2.079 Oct 2025 monthly Jan 2015 - Oct 2025
Sweden (%) 2.734 Oct 2025 monthly Jan 1997 - Oct 2025
Switzerland (%) 0.387 Nov 2025 monthly May 1994 - Nov 2025
Taiwan (%) 1.836 Oct 2025 monthly Jan 1982 - Oct 2025
Thailand (%) 0.615 Oct 2025 monthly Dec 1985 - Oct 2025
Turkey (%) 32.168 Nov 2025 monthly Jan 2004 - Nov 2025
Ukraine (%) 10.200 Oct 2025 monthly Dec 2008 - Oct 2025
United Kingdom (%) 3.662 Oct 2025 monthly Jan 1989 - Oct 2025
United States (%) 3.026 Sep 2025 monthly Jan 1958 - Sep 2025
Venezuela (%) 60.337 Dec 2013 monthly Dec 2008 - Dec 2013
Vietnam (%) 3.298 Oct 2025 monthly Jan 2015 - Oct 2025

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North Macedonia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.6 2024 yearly 1993 - 2024
Consolidated Fiscal Balance (USD mn) -764.028 2024 yearly 2009 - 2024
Tax Revenue (USD mn) 349.686 Oct 2025 monthly Jan 2004 - Oct 2025
Tax Revenue: % of GDP (%) 18.4 Jun 2025 quarterly Mar 2004 - Jun 2025
National Government Debt (USD mn) 10,002.3 Jun 2025 quarterly Dec 2009 - Jun 2025
Government Debt: % of GDP (%) 53.4 Jun 2025 quarterly Dec 2009 - Jun 2025
Forecast: Government Expenditure (MKD bn) 502.991 2030 yearly 1997 - 2030
Forecast: Government Net Debt (MKD bn) 752.318 2030 yearly 1999 - 2030
Forecast: Government Revenue (MKD bn) 468.709 2030 yearly 1997 - 2030
Central Government Budget: Financing (MKD mn) -2,413.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Revenue (MKD mn) 30,757.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Expenditure: Capital (MKD mn) 1,177.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget Balance (MKD mn) 2,413.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Expenditure: Current (MKD mn) 27,167.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Revenue: TC: Tax: Excises (MKD mn) 2,675.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Expenditure (MKD mn) 28,344.000 Oct 2025 monthly Jan 2004 - Oct 2025
Central Government Budget: Revenue: TC: Tax: VAT (MKD mn) 9,728.000 Oct 2025 monthly Jan 2004 - Oct 2025
Public Debt: External (EUR mn) 5,825.057 2024 yearly 1999 - 2024
Public Debt: Domestic (EUR mn) 3,800.301 2024 yearly 1999 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.913 2028 yearly 1993 - 2028
Trade Balance (USD mn) -297.3 Sep 2025 monthly Dec 1993 - Sep 2025
Total Exports (USD mn) 821.7 Sep 2025 monthly Jan 2002 - Sep 2025
Total Exports Growth (%) 10.3 Sep 2025 monthly Jan 2003 - Sep 2025
Aluminum: Exports (USD th) 2,950.942 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 173,759.623 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 2,463.067 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,119.0 Sep 2025 monthly Jan 2002 - Sep 2025
Total Imports Growth (%) 16.6 Sep 2025 monthly Jan 2003 - Sep 2025
Imports: Medicament (USD th) 226,116.306 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 80,622.846 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 19.634 Sep 2025 monthly Jan 1999 - Sep 2025
Total Imports from USA (USD mn) 26.128 Sep 2025 monthly Jan 1993 - Sep 2025
Total Exports to China (USD mn) 6.817 Sep 2025 monthly Jan 1999 - Sep 2025
Total Imports from China (USD mn) 121.698 Sep 2025 monthly Aug 1996 - Sep 2025
Exports: Kosovo (USD th) 24,340.139 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Germany (USD th) 228,358.760 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Czech Republic (USD th) 24,193.187 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: China (USD th) 1,133.940 Jan 2025 monthly Jan 2013 - Jan 2025
Exports: Bulgaria (USD th) 40,214.420 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: USA (USD th) 12,417.012 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Greece (USD th) 88,550.137 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Great Britain (USD th) 119,940.274 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: Germany (USD th) 77,042.170 Jan 2025 monthly Jan 2013 - Jan 2025
Imports: China (USD th) 90,255.212 Jan 2025 monthly Jan 2013 - Jan 2025
Import Value Index (2015=100) 177.142 2021 yearly 1995 - 2021
Export Value Index (2015=100) 180.473 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 62.4 Sep 2025 monthly Jan 2001 - Sep 2025
Current Account Balance (USD mn) 37.6 Sep 2025 monthly Jan 2001 - Sep 2025
Current Account Balance: % of GDP (%) -4.7 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Direct Investment (USD mn) 68.0 Sep 2025 monthly Jan 2001 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Portfolio Investment (USD mn) -50.418 Sep 2025 quarterly Mar 1998 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1.7 Sep 2025 quarterly Mar 1996 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -48.753 Sep 2025 quarterly Mar 1998 - Sep 2025
External Debt (USD mn) 14,231.3 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: % of GDP (%) 79.2 2024 yearly 2004 - 2024
External Debt: Short Term (USD mn) 3,590.4 Jun 2025 quarterly Dec 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 19.4 2024 yearly 2004 - 2024
Total Debt: % of GDP (%) 335.0 2023 yearly 2013 - 2023
Forecast: Current Account Balance (USD bn) -0.535 2030 yearly 1992 - 2030
Net International Investment Position (USD mn) -10,514.150 Jun 2025 quarterly Dec 2006 - Jun 2025
BoP: CA: Secondary Income (SI) (USD mn) 306.939 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services: Credit (USD mn) 318.824 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) -70.812 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: PI: Credit (USD mn) 22.932 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Debit (USD mn) 0.176 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Direct Investment (DI) (USD mn) -5.595 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Financial Derivatives & Employee Stock Options: excl Reserves (USD mn) 0.000 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Financial Account (FA) (USD mn) 34.609 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods (USD mn) -273.325 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Reserve Assets (USD mn) -120.323 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Primary Income (PI) (USD mn) -79.761 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Other Investment (OI) (USD mn) 102.630 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Debit (USD mn) 1,358.268 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: SI: Debit (USD mn) 24.535 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: PI: Debit (USD mn) 102.693 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods: Debit (USD mn) 996.007 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 62.437 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 68.032 Sep 2025 monthly Jan 2001 - Sep 2025
Balance of Payments (BoP): Current Account (CA) (USD mn) 37.644 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services (USD mn) 83.792 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account: Credit (USD mn) 0.048 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: SI: Credit (USD mn) 331.474 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 31.817 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: Credit (USD mn) 1,395.912 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -65.253 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Services: Debit (USD mn) 235.032 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: CA: GS: Goods: Credit (USD mn) 722.681 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Capital Account (USD mn) -0.127 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: Net Errors & Omissions (USD mn) -2.908 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -7.355 Sep 2025 monthly Jan 2001 - Sep 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 57.897 Sep 2025 monthly Jan 2001 - Sep 2025
Gross External Debt: GG: Long Term (LT) (EUR mn) 3,796.950 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: GG: Short Term (ST) (EUR mn) 0.050 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: Memorandum Items (MI): Public (EUR mn) 5,731.129 Jun 2024 quarterly Mar 2006 - Jun 2024
Gross External Debt: MI: Private (EUR mn) 6,143.841 Jun 2024 quarterly Mar 2006 - Jun 2024
FDI: Flow: Turkey (EUR mn) 23.857 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: United Kingdom (EUR mn) -13.903 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: United States of America (EUR mn) 3.050 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: Belgium (EUR mn) 6.312 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: Austria (EUR mn) -17.989 Sep 2025 quarterly Mar 2008 - Sep 2025
FDI: Flow: NACE 2: Manufacturing (EUR mn) -45.634 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Agriculture, Forestry & Fishing (EUR mn) 6.334 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Services (EUR mn) -25.282 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Construction (EUR mn) 23.826 Sep 2025 quarterly Mar 2009 - Sep 2025
FDI: Flow: NACE 2: Mining & Quarrying (EUR mn) 5.554 Sep 2025 quarterly Mar 2009 - Sep 2025
Foreign Direct Investment (FDI): Flow (USD mn) 21.374 Sep 2025 monthly Jan 2007 - Sep 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.3 Jun 2025 quarterly Dec 2005 - Jun 2025
Household Debt: % of GDP (%) 26.8 Jun 2025 quarterly Mar 2003 - Jun 2025
Non-Performing Loans (USD mn) 243.945 Jun 2025 quarterly Dec 2005 - Jun 2025
Money Supply M1 (USD mn) 5,784.185 Oct 2025 monthly Jan 2003 - Oct 2025
Money Supply M2 (USD mn) 10,145.943 Oct 2025 monthly Jan 2003 - Oct 2025
M2 Growth (%) 11.8 Oct 2025 monthly Jan 2004 - Oct 2025
Reserve Requirement Ratio (%) 8.0 Nov 2025 monthly Jan 2004 - Nov 2025
Foreign Exchange Reserves (USD mn) 4,696.2 Oct 2025 monthly Dec 1993 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 25.584 Jun 2025 quarterly Dec 2000 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 4.2 Sep 2025 monthly Jan 2002 - Sep 2025
Gold Reserves (USD mn) 889.394 Oct 2025 monthly Dec 1992 - Oct 2025
Total Deposits (USD mn) 11,844.121 Oct 2025 monthly Jan 2003 - Oct 2025
Total Deposits Growth (%) 11.8 Oct 2025 monthly Jan 2004 - Oct 2025
Domestic Credit (USD mn) 11,904.4 Oct 2025 monthly Jan 2003 - Oct 2025
Domestic Credit Growth (%) 19.8 Oct 2025 monthly Jan 2004 - Oct 2025
Household Debt (USD mn) 5,087.3 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans (USD mn) 10,044.328 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) 12.06 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 52.32 Jun 2025 quarterly Mar 2003 - Jun 2025
Official Reserve Assets (EUR mn) 4,861.286 Feb 2025 monthly Jan 2005 - Feb 2025
Official Reserve Assets: Foreign Currency (EUR mn) 4,254.546 Feb 2025 monthly Jan 2005 - Feb 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022

More Indicators for North Macedonia

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