North Macedonia producer inflation rises to 7.1% in August, highest since February 2025

  • North Macedonia’s producer prices increased 7.1% year-on-year in August 2026.
  • Mining and quarrying costs rose 21.7%, up from 16.4% in July.
  • Producer prices increased 0.4% monthly after remaining unchanged in July.

North Macedonia’s annual producer inflation rate rose to 7.1% in August 2026 from 6.5% in July, reaching its highest level since February 2025. Price growth accelerated for intermediate goods excluding energy, capital goods and consumer goods, including both durable and non-durable products. Energy-price growth eased to 10.2% from 11.3%. By sector, manufacturing costs increased 6.3% from 5.9%, led by higher prices for food products, textiles, paper and paper products, basic pharmaceutical products and preparations, and machinery and equipment. Mining and quarrying costs accelerated to 21.7% from 16.4%. Price growth in electricity, gas, steam and air-conditioning supply moderated to 10.5% from 11.7%, while water supply, sewerage, waste management and remediation services held steady at 7.4%. Producer prices rose 0.4% month-on-month after remaining unchanged in July.

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