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Macedonia PPI YoY climbed to 5.5 in November 2024, released January 2025, up 0.4 from October's 5.1 reading. The print came in hotter than the 4.8 consensus, a hotter print than forecasters anticipated. PPI YoY has now risen for 12 consecutive months. Over the past 3 months, PPI YoY averaged 4.3, vs 2.03 in the prior 3-month window. PPI YoY is now the highest in 15 months.
The January 2025 reading rose from the previous value of 5.1. Historically, this indicator is positively correlated with EUR/USD (Watch) and negatively correlated with USD/JPY (Watch).
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