RSS N. Macedonia Producer Price Inflation Accelerates To 5.5%

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 RSS N. Macedonia Producer Price Inflation Accelerates To 5.5%

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Preliminary data released by the State Statistical Office on Friday indicates that industrial producer prices in North Macedonia experienced an accelerated increase in November. The report highlights a 5.5 percent growth in producer prices compared to the same period last year, following a 5.1 percent rise in October.

The mining and quarrying sector witnessed a significant price increase of 10.6 percent, while the manufacturing sector saw a 4.9 percent rise. In addition, prices in the electricity, gas, steam, and air conditioning supply industry surged by 14.3 percent. Month-on-month, prices climbed by 0.6 percent in November, after a 0.7 percent increase in October.

The material has been provided by InstaForex Company - www.instaforex.com
 
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