The country’s GDP increased by 4.1% y/y and totalled MKD 103.184 bln (EUR 1.674 bln) in the third quarter of 2014, according to preliminary data of the State Statistical Office of the Republic of Macedonia.
Industrial output went up by 9.5% on the year in September 2014. The manufacturing and the mining sectors rose by 12.9% and 7.7% y/y, respectively, in September 2014, while the electricity and gas supply fell by 15.9% y/y.
State Statistical Office registered a deflation of 0.7% y/y in September 2014, compared to an inflation of 1.6% a year ago.
Unemployment in Macedonia narrowed to 27.9% of the total labour force in the third quarter of 2014 from 28.7% a year earlier, according to data of State Statistical Office.