Investment in North Macedonia
North Macedonia - InvestmentIncoming figures paint a bleak picture for Q3, after GDP declined at the steepest pace in nearly two decades in Q2 on the Covid-19 hit. Retail sales contracted sharply in the quarter, pointing at weak consumer demand. Moreover, industrial production decreased notably in July–September, despite the easing of coronavirus containment measures. Turning to the final quarter of the year, economic prospects are less than rosy due to the rapidly increasing number of new Covid-19 cases. In mid-October, the government reimposed restrictions in an attempt to restrain the spread of the virus—limiting the working hours of bars and restaurants, reducing capacity on public transport and recommending remote work—all of which are set to weigh on activity in Q4.
North Macedonia - Investment Data
|Investment (annual variation in %)||8.3||12.5||-2.2||-7.3||6.6|
5 years of economic forecasts for more than 30 economic indicators.
North Macedonia Facts
|Exchange Rate||54.86||-0.56 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
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