Inflation reaches 19.5 percent in November

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The cost of living in November increased by 19.5 percent compared to the same month last year, and retail prices by 15.2 percent, the State Statistics Office (SSO) announced on Thursday. Compared to October, the cost of living increased by 0.5 percent, and retail prices by 0.2 percent.

The Association of Trade Unions of Macedonia also came out with information about the minimum consumption basket. According to their calculation, in November, the minimum expenses of a family of four required 51,714 denars, of which at least 19,518 denars were for food, and 12,983 denars for overhead costs, which is more than half of the union’s minimum basket.

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