North Macedonia inflation rate for 2023 was 9.36%, a 4.84% decline from 2022.
North Macedonia inflation rate for 2022 was 14.20%, a 10.97% increase from 2021.
North Macedonia inflation rate for 2021 was 3.23%, a 2.03% increase from 2020.
North Macedonia inflation rate for 2020 was 1.20%, a 0.43% increase from 2019.
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.
