Macedonia’s consumer price inflation decelerated to 4% y/y in July from 4.2% y/y in June, according to data of the statistics office.
The annual growth of consumer prices slowed down in the groups food, clothing and footwear, housing, as well as culture and entertainment. On the other hand, annual growth of consumer prices went up in the groups tobacco and beverages, hygiene and health, transport and communication services, as well as restaurants and hotels. The y/y price increase remained unchanged in other services.
CPI rose by 3.6% on the year in Jan-Jul 2013. The country’s central bank expects inflation of 2.8% this year.
|CPI, % y/y|
|Tobacco and beverages||1.7||3.7||2.3|
|Clothing and footwear||6.9||6.8||8.4|
|Hygiene and health||3.9||4.1||4.4|
|Culture and entertainment||1.0||0.9||1.3|
|Transport and communication services||-0.3||1.7||-1.0|
|Restaurants and hotels||4.3||4.5||4.2|
|Source: Statistics office|
Macedonian ex-prime minister and opposition leader Nikola Gruevski is seeking at least 20 more bodyguards from the state police, as he says he fears his life is threatened. Gruevski, leader of the ... more
Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more
Macedonia’s opposition VMRO-DPMNE party is trying to block the work of the parliament by forming 10 parliamentary groups instead of the single group that is normal for a political party. ... more