28.10.202611:16:54UTC+00Macedonia Producer Inflation Eases in September

The annual producer inflation rate in North Macedonia eased to 6.9% in September 2026, down from 7.1% in August. Price growth slowed for energy (9.5% vs. 10.2% in August), intermediate goods excluding energy (5.5% vs. 6.2%), and consumer goods (3.5% vs. 4.0%), with the deceleration particularly visible in non-durable consumer goods (3.5% vs. 4.0%).

In contrast, inflation for capital goods accelerated to 12.9%, up from 11.9%. By sector, price growth in manufacturing moderated to 6.1% from 6.3%, with slower increases recorded in food, tobacco products, paper and paper products, and electrical equipment. Costs also eased in water supply and waste management (2.4% vs. 7.4%) and in electricity and gas supply (10.4% vs. 10.5%).

Conversely, inflation in mining and quarrying picked up, rising to 24.3% from 21.7%. On a monthly basis, producer prices increased by 0.3% in September, slightly below the 0.4% rise recorded in August.