North Macedonia Producer Price Index Year-over-Year

This measures how producer prices in North Macedonia have changed compared with the same month a year earlier. It shows price pressure faced by producers before goods and services reach consumers.

Economic EventsProducer Price Index

Full explanation

The State Statistical Office publishes industrial producer price indices, including total producer prices covering domestic and non-domestic markets. The year-over-year rate compares the index level with the corresponding month one year earlier. It is mainly an upstream inflation indicator rather than a direct consumer-price measure.

Why traders watch it

Traders watch PPI for early signs of inflation pressure that could affect local rates, inflation expectations and the denar’s macro backdrop.

Stronger vs weaker outcomes

A higher-than-expected YoY reading may suggest stronger pipeline inflation. A lower-than-expected reading may suggest weaker producer-level price pressure.

Related indicators

ADP National Employment Report Preliminary Estimate / NER Pulse

ADP Weekly Employment Change is a high-frequency estimate of U.S. private-sector job growth. It gives an early read on whether private employers are adding or cutting jobs.

ADP: Automatic Data Processing; NER: National Employment Report

Advance Merchant Wholesale Inventories month-over-month change

U.S. Wholesale Inventories MoM measures the monthly change in goods held in stock by merchant wholesalers. It shows whether wholesalers are building or drawing down inventories.

American Petroleum Institute Weekly Statistical Bulletin Crude Oil Inventory Change

This is a weekly estimate of the change in U.S. crude oil inventories reported by the American Petroleum Institute. A positive number means stocks rose, while a negative number means stocks fell.

American Petroleum Institute

ANZ Business Outlook - Business Confidence

ANZ Business Confidence shows whether New Zealand firms are generally optimistic or pessimistic about business conditions. The headline figure is usually a net balance, meaning the share expecting improvement minus the share expecting deterioration.

Australia and New Zealand Banking Group

Australia Financial Aggregates - private sector credit growth

Australia Private Sector Credit tracks growth in credit provided to households and businesses by domestic financial institutions. The MoM version compares with the previous month, while the YoY version compares with the same month a year earlier.

MoM = month-on-month; YoY = year-on-year

Australia Housing Credit Month-over-Month

Australia Housing Credit MoM measures the monthly change in outstanding credit used for housing. It shows whether housing-related borrowing is expanding or slowing from one month to the next.

MoM = month-over-month