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Industrial Production YoY

North MacedoniaMonthly%
SummaryAbout This IndicatorHistorical Data35
Latest release · September 30, 2026 · 10:00 UTC
-1.90%
Below forecast by 3.9
Last five prints
7.60-2.006.501.30-1.90
Forecast
2.00Actual is lower by 3.9
Previous
1.30Actual is lower by 3.2

About This Indicator

Description

Industrial Production Year-over-Year (YoY) measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities compared to the same month in the previous year. It is a key indicator of economic strength, as the industrial sector accounts for a significant portion of GDP and is highly sensitive to interest rates and consumer demand. Consistent growth in industrial production often precedes broader economic expansion.

Methodology

The index is compiled using physical output data from various industries, weighted by their contribution to the total economy. The YoY figure compares the current month's index level to the level from 12 months prior.

Historical Data

View data as table
DateActualForecastSurprise
Oct 30, 2026—2.80—
Sep 30, 2026-1.902.00-3.90
Sep 1, 20261.304.00-2.70
Jul 31, 20266.502.50+4.00
Jun 30, 2026-2.004.40-6.40
Jun 2, 20267.604.00+3.60
Apr 29, 20263.002.30+0.70
Apr 1, 2026-4.201.80-6.00
Mar 6, 2026-6.601.20-7.80
Jan 30, 20262.30-2.10+4.40
Dec 30, 2025-2.803.20-6.00
Nov 28, 20252.803.30-0.50
Oct 31, 20252.704.50-1.80
Sep 30, 2025-3.504.30-7.80
Aug 29, 20254.10-1.00+5.10
Jul 31, 20250.507.20-6.70
Jun 30, 20259.402.50+6.90
May 30, 20251.401.90-0.50
Apr 30, 20255.204.00+1.20
Apr 2, 2025-0.802.20-3.00
Mar 7, 20251.40-1.00+2.40
Jan 31, 2025-1.40-1.400.00
Dec 30, 2024-3.501.00-4.50
Nov 29, 2024-1.10-7.50+6.40
Oct 31, 2024-7.90-2.40-5.50
Sep 30, 2024-1.607.00-8.60
Aug 30, 20243.50-1.00+4.50
Jul 31, 2024-6.50-7.60+1.10
Jun 28, 2024-13.20-3.00-10.20
May 31, 2024-1.20-8.30+7.10
Apr 30, 2024-10.401.40-11.80
Mar 8, 20242.80-4.50+7.30
Jan 31, 2024-5.801.00-6.80
Dec 29, 2023-2.308.00-10.30
Dec 1, 20239.905.00+4.90
Oct 31, 20234.50-1.00+5.50
Source · State Statistical Office of North MacedoniaView Source
Next release
Friday, October 30 · 11:00
10 daysRecorded forecast 2.80Preliminary forecast
September 30October 30

Statistics

35 readings
  • Mean-0.22
  • Std Deviation5.26
  • TrendFalling
  • Year-over-year change-6.00
  • Forecast Accuracy57.1%
Latest reading against its usual range (mean ± one standard deviation)
-1.90-5.48-0.225.03

The latest reading is within its usual range, less than one standard deviation from the mean.