Macedonia's CPI has increased by 3.3% y/y in October, decelerating from 3.4% y/y in September. The increase in food prices remained unchanged at 4.3% y/y. Annual consumer price growth slowed down in the following groups: tobacco and beverages; clothing and footwear; housing; hygiene and health; restaurants and hotels; and other services. Acceleration in the y/y growth of consumer prices was registered in the groups culture and entertainment, as well as transport and communication services. The retail price index rose by 3.8% y/y in October, the same growth rate as the one reported in the previous month. CPI inflation has been 4.1% y/y in Jan-Oct.
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Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more
The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more
Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more