Inflation in Macedonia
Macedonia - InflationThe Macedonian economic recovery liked picked up in the third quarter, carried by a strong external sector and despite weak investment dynamics. In mid-November the government approved the 2019 draft budget, which proposes further fiscal consolidation efforts. The lion’s share of expenses is dedicated to the pension system, followed by social assistance benefits, while more capital spending is allocated on water, road and rail infrastructure. The government projects the fiscal deficit to narrow to 2.5% of GDP. Met the why particular panelists, however, expect a wider deficit given their projections of softer GDP growth.
Macedonia - Inflation Data
|Inflation Rate (CPI, annual variation in %)||2.8||-0.3||-0.3||-0.2||1.4|
5 years of economic forecasts for more than 30 economic indicators.
Macedonia Inflation Chart
Source: State Statistical Office
|Exchange Rate||54.26||-0.56 %||Dec 11|
|Stock Market||0.1||0.0 %||Nov 26|
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