Monthly Stastistic Report June_en

8/11/2019 Monthly Stastistic Report June_en

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REPUBLIC OF MACEDONIA

State Stascal Oce

MONTHLY STATISTICAL BULLETIN

No. 1.2.14.07 2014 XXI


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Publisher:

STATE STATISTICAL OFFICE

Dame Gruev- 4, Skopje

Phone+389/02/3295-600

Fax +389/02/3111-336

Web site: hp://www.stat.gov.mk

Person responsible:

Blagica Novkovska PhD, Director

The publicaon has been compiled by:Stojna Maneva and Liljana Vlajikj

Proofreader:Milan Vasilev

Monthly Stascal Bullen,XXI, No. 07, 2014, ISSN 1857-7504

Monthly review

WHEN USING DATA CONTAINED HERE, PLEASE CITE THE SOURCE

Pages: 79


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Monthly Stascal Bullen 1.2.14.07 3

C O N T E N T S

GENERAL INSTRUCTION .................................................................................................................................................................. 4

METHODOLOGICAL EXPLANATIONS ........................... ............................. .............................. ................................. ........................ 5

GENERAL ECONOMIC INDICES ...................................................................................................................................................... 20

BASIC ANNUAL DATA ..................................................................................................................................................................... 21

BASIC QUARTERLY DATA ..................................... .......................... ................................. ................................. ............................... 23

INDUSTRY

Industrial producon volume indices by acvity................................................................................................................. 38

Indices of nal product stocks ............................................................................................................................................. 40

Indices of employees in industry ........................................................................................................................................ 42

Industry-producon of selected goods ............................................................................................................................... 44

Turnover indices in industry ................................................................................................................................................ 45

CONSTRUCTIONCompleted construcon works by business enes engaged in construcon acvity ............................. ......................... 46

TRANSPORT

Railway transport .............................. ................................. ................................. ................................. .............................. 47

Postal trac ........................................................................................................................................................................ 48

TRADE

Balance of internaonal commodity trade.......................................................................................................................... 49

Internaonal commodity exchange of the Republic of Macedonia according to economic groups of countries ...............50

Turnover in trade ................................................................................................................................................................. 51

Purchase and sale of agricultural products ......................................................................................................................... 52

Turnover in catering trade and services, tourism and nights spent by tourists ......... ................................. ........................ 53

PRICES

Price indices ........................................................................................................................................................................ 54

Industrial producer price indices on the domesc market ................................................................................................. 55

Industrial producer price indices on the non-domesc market ..................................................... ................................. .... 56

Industrial producer price indices, total ............................................................................................................................... 56

Price indices in agriculture ............................... ................................. ................................. ................................. ................ 57

Retail price indices............................................................................................................................................................... 58

Indices of retail prices of goods and services ...................................................................................................................... 59

Retail prices by towns .......................................................................................................................................................... 61

Consumer price indices ....................................................................................................................................................... 62

Chain indices ....................................................................................................................................................................... 63

EMPLOYEES AND WAGES

Employed and unemployed persons by age groups .............................. ................................. ................................. ............ 64Unemployed persons, 2008-2013 ....................................................................................................................................... 64

Average net wage per employee ......................................................................................................................................... 65

Average monthly gross wage paid per employee, 2010, NKD Rev.2 ....................................... ................................. ........... 68

Average monthly net wage paid per employee, 2010, NKD Rev.2 .......................... ................................. ........................... 73

NATURAL CHANGE OF THE POPULATION .............................. .......................... ................................ ................................. ........... 78


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Monthly Stascal Bullen 1.2.14.074

GENERAL INSTRUCTION

The Monthly Stascal Bullen is one of the oldest edions of the State Stascal Oce, in which data for the last

month, as well as stascal series for a longer period of me are published.

Following the requests of users, as well as the changes in the stascal system of the Republic of Macedonia, the

State Stascal Oce has included new topics in the Bullen.

The data in the Monthly Stascal Bullen are preliminary data, and minor errors and omissions are corrected in

the next issues of the Bullen.

The part on Methodological explanaons contains explanaons on the used methodology and the method of

data collecon, which should make easy the use of data.

All data published in the Monthly Stascal Bullen are a result of the work of the ocial stascal instuons

and therefore represent ocial data.

SYMBOLS AND ABBREVIATIONS

- no entry

... data not available

average

0 value is less than 0.5 of the unit of measure being used

0.0 value is less than 0.05 of the unit of measure being used

1) footnote beneath table

( ) incomplete of insuciently veried data

* corrected data

: condenal (individual) data

...* index is above 1000

covered by data in direcon of the sign

(CV>=25) inaccurate esmate, other than zero


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METHODOLOGICAL EXPLANATIONS

GROSS DOMESTIC PRODUCT

The quarterly gross domesc product calculaons are based mainly on the short-term indicators produced by the State

Stascal Oce and other relevant instuons.The data for the respecve quarter are published as esmated data. Along with the publicaon of data for each quarter,

revised data for the previous quarters are also published. With each revision of the annual gross domesc product data, a revision of

the quarterly gross domesc product data is done, as well.

Denions

Gross domesc product at market prices is the nal result of the producon acvity of the resident producer units and is a

sum of the gross value added of the various instuonal sectors or the various industries at basic prices plus value added tax, import

dues less subsidies on products (which are not allocated to sectors and industries).

Value added at basic prices is the basic category of the gross domesc product and it is dened as a balance between the gross

output and the intermediate consumpon.

The GDP according to the expenditure approach presents the nal consumpon, i.e. the consumpon of nal goods andservices produced in the domesc economy, the gross capital formaon and the net export and import of goods and services.

Data sources

For quarterly GDP esmaons the following sources are used: annual GDP esmaons, data from the Ministry of Finance for

the respecve quarter, data from the Naonal Bank, data from the regular monthly and quarterly surveys of the State Stascal Oce

and addional data from dierent instuons.

Method of calculaon

Gross domesc product at constant prices is calculated by using the double indicators method. Quarterly GDP growth rates by

producon approach are calculated using 2005 as a reference year. Because of the chain-linking method applied in the calculaons,

non-addivity of the data appears.For the calculaon of nal consumpon at current prices data from the Household budget survey are used, as well as

administrave data sources and other relevant sources.

The calculaon of Gross capital formaon is based on the commodity ow method in the part for machinery and equipment

and on the data from surveys in the State Stascal Oce that are used for esmaon of construcon and change in inventories. Data

on export of goods and services and import of goods and services are calculated on the basis of the data from the Naonal Bank of

the Republic of Macedonia.


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INDUSTRY

Sources and methods of data collecon

Sources of data are the results from the Monthly Report on Industry IND.1 for industrial producon, stocks and persons in paid

employment in the eld of industry and Monthly Report for Turnover in Industry, IND.2.

The reporng method is used for collecng data. The reporng units send their Monthly Report on Industry and Monthly

Report on Turnover in Industry to the regional stascal oce within a specied me frame, according to the Programme for StascalSurveys in the Republic of Macedonia for the parcular year.

The data sources are the book keeping and the personnel records, as well as the documentaon available at the reporng

unit.

Coverage and observaon units

In the Monthly Report on Industry the observaon units are the enterprises and the local units, which according to the Naonal

Classicaon of Acvies are distributed in the industry secons: B - Mining and quarrying, C - Manufacturing and D - Electricity,

gas, steam and air condioning supply, while in the Monthly Report on Turnover in Industry, secon D - Electricity, gas, steam and air

condioning supply is excluded.

The Monthly Report on Industry, IND.1 and the Monthly Report on Turnover in Industry, IND.2 also include the local units

whose main acvity is industry, even though their parent enterprise does not belong to industry, but to forestry, construcon, etc. The

enterprises that operate in more than one municipality are divided in as many units as there are municipalies they operate in.

Calculaon method

The industrial producon index for dierent levels of the Naonal Classicaon of Acvies (total, main industrial groupings,

secons, division and groups of products) is calculated in two steps: in the rst step the indices are calculated by weighng the

individual indices of the quanes of industrial products, and in the second step, by weighng with adequate weight coecients for

dierent acvity levels.

The monthly industrial producon index is calculated by the Laspeyres formula and is used for calculaon of other indices.

The weighng coecients of individual products of the Naonal Nomenclature of Industrial Products used in the calculaon

of the Industrial Producon Index represent the value added to the unit producon of a respecve product. They are calculated on

the basis of unit values of the 2010 Industrial Annual Report and are revised every ve years.

The structure of industrial acvies (division structure) was calculated on the basis of the value added for 2010 and is updated

at the beginning of every year for the calculaon of indices for the current year.

Indices of stocks are calculated on the basis of the volume of stocks of industrial products, on the last day of the reporng

month.

Indices of the persons in paid employment in the eld of industry are calculated from the data on persons employed by type

of acvity.

The turnover indices in industry for dierent levels of the Naonal Classicaon of Acvies (total, main industrial groupings,

secons, division and groups of products) are calculated through direct comparison of the aggregated values of the turnover in industry,

where the values of the domesc and non-domesc turnover are corrected with the industrial producer price indices on the domesc

and non-domesc market, at the lowest level of aggregaon (at groups of products, i.e. at three digit level of NKD Rev.2). The turnover

indices in industry and the industrial producer price indices are calculated with 2010 as base year.

In this publicaon, industrial producon volume indices and industrial turnover indices are presented with xed base year 2010=100 in order to achieve harmonisaon with Council Regulaon (EC) No. 1165/98 on Short-Term Business Stascs and its amendments,

which prescribe the implementaon of the new base year 2010.

Classicaons

Classicaons used for the Monthly Report on Industrial Producon, Stocks and Employees in Industry and the Monthly Report

on Turnover in Industry, and for publishing of the results are: the Naonal Classicaon of Acvies (in accordance with Decision on

the Naonal Classicaon of Acvies published in Ocial Gazee of the Republic of Macedonia No. 147/2008) and the Naonal

Nomenclature of Industrial Products 2008 (Ocial Gazee of the Republic of Macedonia No.75/2009).

Recommendaons

The Monthly Report on Industry, IND.1 and the Monthly Report on Turnover in Industry, IND.2 are based on EUROSTATsrecommendaons in the Methodology of Short-Term Business Stascs, 2006, and are harmonised with Council Regulaon No.1165/98

on Short-Term Stascs.


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CONSTRUCTION


The data are obtained from the Monthly Stascal Report on Construcon - GRAD. 21.

Coverage

The Monthly Stascal Report on Construcon - GRAD. 21 covers the largest business enes engaged in construcon acvies,as well as business enes that according to Naonal Classicaon of Acvies - NKD Rev.2 are not classied in the construcon

industry, but they perform some construcon acvies of larger extent. This scope covers more than 90% of the total value of the

completed construcon works in the Republic of Macedonia.

Denions

The value of completed construcon works represents a value of really completed construcon works (regardless if they are

paid on unpaid) from the beginning of the year ll the end of the reporng month. The value of completed construcon works is

obtained from the business enes monthly reports, and is given in thousand denars, at current prices.

The data on eecve hours refer to all employees with employment contracts according to the human resources records and

include the hours realized in regular or overme work, regardless if they are paid per hour or piece.

The number of employees refers to the situaon on the last working day of the reporng month, but only for employees withemployment contract according to the human resources records, regardless if they are unable to work or absent because of illness.

The students aending praccal work are not included.

Classicaons

The construcon works which are covered by the Monthly Stascal Report are in accordance with the Nomenclature of

Construcons and Construcon Works, which is made according to the classicaons of Eurostat: for the part of the construcons

the Classicaon of Types of Construcons is used, and for the part of construcon works the stascal Classicaon of Products by

Acvity is used.

This adjustment of stascal surveys enables internaonal data compability.


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TRANSPORT AND OTHER COMMUNICATIONS

Source and methods of data collecon

Passenger transport

The data are collected according to the reporng method through the regular monthly stascal reports in the eld ofpassenger transport, according to the Programme for Stascal Researches in the Republic of Macedonia.

Urban-suburban transport

The data are collected according to the reporng method through the regular monthly stascal reports in the eld of urban-suburban transport, according to the Programme for Stascal Researches in the Republic of Macedonia.

Railway transport

The data are collected according to the reporng method through the regular monthly stascal reports in the eld of railwaytransport, according to the Programme for Stascal Researches in the Republic of Macedonia.

Air transport

The data are collected according to the reporng method through the regular monthly stascal reports in the eld of airtransport, according to the Programme for stascal researches in the Republic of Macedonia.

Post and telecommunicaons trac

The data are collected according to the reporng method through the regular monthly stascal reports in the eld of postand telecommunicaons trac, according to the Programme for Stascal Surveys in the Republic of Macedonia.

Since 2003, the data on mobile phones are collected through the regular monthly stascal reports on mobile phones,according to the Programme for Stascal Surveys in the Republic of Macedonia.

Freight road transport

The data are collected according to the straed purposive sample by weekly monitoring of the work performance of thechosen vehicles from the sample.

Scope

Passenger transport

Reporng units are all business subjects that according to the Naonal Classicaon of Acvies - NKD Rev.2 are

in the secon H, in the class: 49.39.


Reporng units are all business subjects that according to the Naonal Classicaon of Acvies - NKD Rev.2 arein the secon H, in the class: 49.31.

Railway transport


in the secon H, in the class: 49.10; 49.20

Air transport


in the secon H, in the class: 51.10; 51.21.


Reporng units are all business enes that according to the Naonal Classicaon of Acvies - NKD Rev.2 are

in the secon H and J, in the class: 53.10; 61.10; 61.20.

Freight road transportReporng units are the road freight vehicles (including road tractors, also) property of legal and private subjects

with freight capacity more than 3500 kg registered in the Ministry of Interior.

Denions

Passenger transport

Kilometers run by the vehicle - kilometers run during the period of the reporng month are shown regardless if the ride wasin funcon of transport or not.

Passenger - any person who purchases a cket and enters in a bus for transport to a determined place.

Passenger - kilometer is a unit of measurement represenng the transport of one passenger over a distance of onekilometer.


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Transport of passengers - refers only to the transport performed at the urban and suburban lines in the urban area (taxitransport is not covered).

Vehicle kilometer - a unit of measurement represenng the movement of a road motor vehicle over a distance of onekilometer. It includes movements of empty road motor vehicles (without passengers).

Railway transport

Data on passengers transported cover all the passengers transported with railway cars in the naonal and internaonaltransport.

Data on goods transported cover all transported goods with railway cars in the naonal and internaonal transport.

Loaded goods - all goods loaded in naonal and internaonal transport.

Unloaded goods - all goods unloaded in naonal and internaonal transport.

Passenger is each person who uses railway car for transport, except for the crew of the railway car.

Passenger-kilometer is a unit of measurement represenng the transport of one passenger by rail over a distance of onekilometer.

Goods transported represent a sum of all goods transported with railway cars.

Net-tonne kilometer is a unit of measurement of goods transport which represents the transport of goods in one wagon by

rail over a distance of one kilometer.Air transport

Data on passengers transported include all passengers who have arrived and departed in regular and charter transport.

Data on goods transported include all goods that have arrived and departed in regular and charter transport.


Data on mail parcels refer to mail parcels of ordinary and registered leers, postcards, printed materials, telephone bills, smallpackages, EMS leers delivered in the naonal and internaonal trac.

Data on parcels refer to parcels of ordinary, leers of value, hand and EMS leers delivered in the naonal and internaonaltrac.

Telephone calls originated from xed network - Include all calls that originated from the network of the naonal xed operator,expressed in 1000 minutes, such as naonal calls (within the country), internaonal calls (outgoing calls to another country), dial-upconnecon to Internet and others.

Calls originated from mobile cellular network - Include all naonal and internaonal calls originated from subscribers to thenaonal mobile operators expressed in 1000 minutes. Roaming calls are not included.

Naonal calls from mobile cellular network - Total calls, in 1000 minutes, originated from subscribers to the naonal mobileoperators and made within the country (originated and terminated in the Republic of Macedonia).

Freight road transport

Kilometers run by the vehicle represent the kilometers run by the vehicle with freight or empty.

Ton of goods is a unit of measure which represents the weight of goods.

Tonne-kilometer is a unit of measurement which represents the transport of one tonne by road over one kilometer.

Classicaons

Glossary for Transport Stascs

Eurostat Council Regulaon 1172 /98 on Stascs on the Carriage of Goods by Road

Classicaon of Countries, ISO-3166

Classicaon of Goods, NST

Classicaon of Categories of Dangerous Goods ADR

Classicaon of Cargo Types

Eurostat Council Regulaon 91/2003 on rail transport stascs

Eurostat Council Regulaon 437/2003 on stascal returns in respect of the carriage of passengers, freight and mail by air


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EXTERNAL TRADE

Data source

The data source for the external trade stascs is the Single Administrave Document (SAD) for exports and imports, whose

content is adjusted for various purposes. The document is lled in with data for customs purposes, as well as for stascal and

banking purposes.

The contents, the form and the way of lling in of the SAD are prescribed by the Manual for the Single Administrave Document

and the other documents in the customs procedure.

Data scope

The external trade data are processed according to the special trade system (relaxed denion), based on the concept of the

commodity crossing at the customs border.

The export, according to this principle, comprises all the goods exported abroad and in the foreign customs warehouses

and industrial free zones, and whose origin is from the domesc market, the premises for further processing and the industrial free

zones.

The import comprises all goods, imported from abroad, from customs transit, customs warehouses and industrial free zones.

That means that import includes all the goods for which all dues and taxes are paid, and which are placed on the internal market,

the premises for further processing or in the commercial free zones.

Observaon units

Observaon unit for the stascal survey on external trade of goods is each dispatch of goods in exports or imports, which is

homogenous regarding the kind of goods, country of origin or desnaon, way of payment and the moment of border crossing.

Territory

The borders of the stascal territory are usually the same as the state borders, except when the external trade is performed

through the free customs zones.

Time of observaon and processing

Stascal processing of external trade data is performed on a monthly basis.

Export and import data are processed in the month in which the transacon is done, according to the me of lodgement the

SAD form. Monthly data for the current year are corrected regularly each month. With the rst data processing, about 98% of the

total data are compiled. The addional data and the corrected data are added in the month when the goods transacon was done

(the me of lodgement the SAD form). Because of this, the external trade data during the current year are treated as preliminary,

unl the nal data are published.

Classicaons

Stascal data processing and publishing are performed according to the following classicaons and nomenclatures:

- Customs Nomenclature, based on the Harmonized System of Commodity Codes and Names;

- Standard Internaonal Trade Classicaon (SITC);

- Classicaon of procucts by acvity (CPA);

- Country Classicaon - 3166 ISO alpha - 2 code

The basic principles, standards, denions and procedures for stascal processing of the external trade are based on the

United Naons concepts and denions for the external trade stascs (Internaonal Trade Stascs: Concepts and Denions United

Naons Stascal Papers, 2010 Series M, No.52, Rev 3), on which the External Trade Methodology of the Stascal Department of the

European Union (EUROSTAT) is also based.


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INTERNAL TRADE


Sources of data are the results from the Monthly Report on Turnover TRG.1 for turnover, number of persons employed and

hours worked. The data are collected according to a straed sample.

Scope

Observaon units are mostly the enterprises whose principal acvity is classied into sale and maintenance of motor vehicles,

wholesale trade and retail trade.The sampling frame of the survey includes all legal forms of enterprises that perform one of the trade acvies in secon G of

the Naonal Classicaon of Acvies - NKD Rev. 2 as their main acvity. The sample includes all large and medium business enes,

while the rest were determined randomly. The criteria used are acvity and turnover.

Denions

Wholesaleis purchase of goods for further sale to merchants, entrepreneurs, legal persons and others that purchase goods

for performing their professional or prot-making acvity.

Retail tradeis purchase of goods for further sale to nal users (for personal and household use).

Turnovercomprises the totals invoiced by the observaon unit during the reference period, and this corresponds to market

sales of goods or services supplied to third pares. Turnover includes all taxes for goods and services, invoiced by the observaon

unit, except VAT. Turnover also includes all other charges (transport, packaging, etc.) passed on to the customer, even if these charges

are listed separately in the invoice. Price reducons such as rebates, bonuses or discounts as well as other revenue reducons (e.g.

annual discount schemes) are to be deducted from turnover.

Turnover does not include:

- Extraordinary income (e.g. from sales of capital assets),

- Non-operang income (e.g. income from leng or renng buildings used for no operang purposes),

- Financial income (e.g. interest payments, dividends from associated companies),

- Company-related subsidies.

Data publishing

Data published are shown in the form of indices. The data were calculated with 2010 as a constant base year, and calculated

indices are not seasonally adjusted.

The indices reect the short-term changes in the turnover between two compared periods. These are generally the reported

month to the same month of the previous year.

Value indices (value in nominal terms): current prices are considered, and the impact of the change in prices is not

eliminated.

Volume indices (value in real terms): by using deflators made up of consumer price indices the change in prices iseliminated.

Retail trade data are given by the following groups: Retail sale of food, beverages and tobacco (G47.11, 47.2); Retail sale of

non-food products, except fuel (47.19, 47.4, 47.5, 47.6, 47.7, 47.8, 47.9); Retail trade, except automove fuel (47 without 47.3) and

Retail trade of automove fuel (47.3).

PURCHASE AND SALE


Data on the total purchase of agricultural products are taken from the regular monthly stascal surveys Purchase of

Agricultural Products from Individual Producers (trade-31) and Sales of Agricultural Products from Own Producon of Agricultural

Enterprises and Agricultural Cooperaves (Agri-Trade - 33), which are used for monitoring 140 agricultural products.

ScopeAs reporng units for these surveys occur all legal units (enterprises and agricultural cooperaves) that according to the Naonal

Classicaon of Acvies are registered in the sector A, division 01, sector B, division 05, as well as enterprises that have registered

local unit in the sectors A and B.

Denions

Purchase of agricultural products from individual agricultural producers is purchase of agricultural products directly from the

individual agricultural producers by enterprises, for processing or selling.

Sale of agricultural products from own producon is external or internal sale and delivery of agricultural products from

enterprises and agricultural cooperaves own producon.

Method of calculaon

Indices are calculated by a relaon between the monthly values at the level of products, groups and total, in the current and

the base year.

Classicaons

Data are presented according to the Naonal Classicaon of Acvies- NKD Rev.2, while the products are partly adjusted tothe Classicaon of Products by Acvies (CPA 2008).


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CATERING TRADE AND SERVICES


The data are collected according to the reporng method through the regular quarterly stascal reports submied by all

business enes whose main acvity is catering and other business enes which contain units that oer catering services.

ScopeReporng units are all business enes that according to the Naonal Classicaon of Acvies - NKD Rev.2 are in the sector

I, in the divisions 55 Accommodaon and 56 Food and beverage service acvies, as well as the business enes which in their

structure have business units whose acvity belongs to these divisions.

Denion

Turnover in catering trade and services is a value of realised board and lodging services, and other goods and non-goods

services (like selling of tobacco, souvenirs, transport of guests and luggage, postal services, etc.) The value of turnover is expressed in

current prices, including VAT.

Data on turnover by months are esmaons obtained on the basis of analysis of the usual monthly seasonal variaons and

esmaons of the turnover trend. These esmaons, aer the end of the quarter, are corrected on the basis of the results of the

quarterly reports.

TOURISM


The data are collected according to the reporng method through the regular monthly stascal reports submied by all

accommodaon establishments and other business enes engaged in tourism accommodaon (hotels, boarding houses, motels,

vacaon facilies, camps, etc.)

ScopeReporng unitsare all business enes that according to the Naonal Classicaon of Acvies - NKD Rev.2 are in the sector

I, in the division 55 Accommodaon, as well as business enes which in their structure have business units whose acvity belongs

to this division.

Nevertheless, certain number of tourists and their nights spent are not included, because tourists, parcularly those in private

rooms, coages and those staying with relaves and friends, remain unreported.

Denions

Touristis any person who temporarily spends at least one night in some accommodaon establishment not located in his or

her usual place of residence.

Domesc touristis a person with permanent residence in the Republic of Macedonia who is temporarily present at some

other place, other than his/her usual place of residence, and who spends at least one night in some accommodaon establishment.Foreign touristis considered to be anyone, permanently resident outside the Republic of Macedonia, who is temporarily

present in the Republic of Macedonia and who spends at least one night in some accommodaon establishment.

The actual denions are harmonised with the Direcve 95/57/EC.


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INDUSTRIAL PRODUCER PRICES

Goals

The industrial producer price indices, total, measure the changes of the industrial producer price levels of the industrial products

produced in Macedonia and sold on the domesc market and the non-domesc market. The industrial producer price index, total, is

composed of two components: the industrial producer price indices on the domesc market and the industrial producer price indices

on the non-domesc market.

The industrial producer price indices on the domesc market measure the changes of the industrial producer price levels of

the industrial products produced in Macedonia and sold on the domesc market.

The industrial producer price indices on the non-domesc market measure the changes of the industrial producer price levels

of the industrial products produced in Macedonia and sold by the producer, on the non-domesc market.

Denion

The Industrial Producer Price is the price at which the producer sells the products to the network of wholesale and retail

distributors in the largest quanes, on the domesc market, loaded free on rail or truck where the producer is located, or it is the

price based on which the producer deals with other producers in the sphere of trade. This price includes producer subsidies, but

deducts commercial rebates, discounts, cash discounts and similar reducons oered by the seller. VAT and excises are also deducted

from the price.

The Industrial Producer Price on the non-domesc market is calculated as the quoent of the value of exports expressed in

denars and exported quanty of the product, expressed in kilograms.

Method of calculaon

The industrial producer price indices, total, are calculated as the weighted average of the industrial producer price indices on

the domesc market and the industrial producer price indices on the non-domesc market.

The monthly industrial producer price indices, both on the domesc and non-domesc market, are calculated with the

Laspeyres formula.

.

For weighng, the turnover on the domesc market for each product of each reporng unit is used.

The weights are changed every 5 years.

I(t/0)

- index

P() - price of the product i in the current monthP

(oi) - price of the product i in the base period

W(oi)

- weight of the product i in the base period

n - number of products


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INPUT AND OUTPUT PRICES IN AGRICULTURE, AND PRICES OF CATERING SERVICES

Sources and methods of data collecng

Sources of data on input and output prices are the monthly reports gathered from business enes engaged in wholesale

trade, cooperaves and agricultural holdings that sell goods for current consumpon in agriculture and products from agricultural

producon sold outside the sector.

The prices of catering services measure the level of the retail prices of catering services carried out in catering units (hotels,motels and restaurants).

The prices of catering services are monitored with the survey C.31 in selected catering units: hotels with restaurants, motels

with restaurants and restaurants, in the period from 18th-20th of a month. Prices are monitored from the menu with quoted sell-prices

on the day of monitoring. Units of measurement according to which prices are monitored are quoted in the survey form and they are

usual for the selected products and services.

Scope

Input prices in agriculture are monitored monthly for approximately 80 products that business enes sell to individual

agricultural producers for current uses in agricultural producon.

Output prices in agriculture are monitored monthly for approximately 110 products that business enes purchase from

individual producers, as well as sales of agricultural enterprises own producon.

Price indices of catering services are monitored monthly in 27 selected business units for 65 catering services in 8 cies in the

Republic of Macedonia.

Denions

Input in agriculture covers goods, services and investment that agricultural producers invest currently for connuous

development in agricultural producon. Output in agriculturecovers producon in the agricultural sector, purchased or sold outside

the sector.

Input pricesare prices that agricultural producers have paid for purchasing the necessary goods and for the performed services

and the investments which were necessary for unobstructed agricultural producon. VAT is deducted from the prices. Output prices

are prices paid to agricultural producers for purchasing agricultural products, or for sales from agricultural enterprises own producon.

VAT is deducted from the prices.

Prices of catering services are prices at which catering units sell their services to customers for food, beverages and

accommodaon. VAT is included in the prices.

Method of calculaon

Input and output price indices in agriculture are calculated by weighng the price indices, based on the share (2003-2005) of

the average value of purchased products at purchase prices (input) and the average producon value (2003-2005) at current prices

(output).

Given the seasonal nature of agricultural producon, and especially vegetables and fruits, variable monthly weights are used

when calculang price indices. The weights are calculated based on the parcipaon of certain products in the months during the

year.

The price index of catering services is calculated by weighng the price indices with the structure of values of services realized

in the catering units.

Price indices are calculated by using Laspeyres formula:

Classicaons

Data on output price indices in agriculture are collected and calculated according to the Naonal Nomenclature of AgriculturalProducts and Services.

I(t/0)

- index

P(

- price of the product/service i in the current month

P(oi)

- price of the product/service i in the base period

W(oi)

- weight of the product/service i in the base period

n - number of products/services


16/80


CONSTRUCTION COSTS FOR NEW RESIDENTIAL BUILDINGS

The Construcon cost Index for new residenal buildings is calculated as a weighted average of the Material cost index and

the Labour cost index:

I(cc)t/o= I(mc)t/o* W1+ I(lc)t/o* W2

I(cc)t/o - Construcon cost index for new residenal buildings

I(mc)t/o - Material cost index

I(lc)t/o - Labour cost index

Wo1/2 - Weights

W1+ W2= 1

The Material cost index is calculated on the basis of data on Industrial producer prices on the domesc market, for 92

products belonging to these classes:

08.11; 08.12; 08,99; 16.10; 16.23; 20.16; 20.30; 20.52; 20.59; 22.21; 23.12; 23.20; 23.32; 23.51; 23.52; 23.61; 23.62; 23.63;

23.64; 23.70; 23.99; 24.10; 24.20; 24.33; 24.34; 25.11; 25.12; 25.93; 27.32; 31.02.

The Material cost index is calculated by using by the Laspeyres formula:

I(c)t/o - Material cost index

P - Price of the building material i in the current period (t)

Poi - Price of the building material i in the base period (0)

Woi - Weights

t - Current period

0 - Base period

The Labour cost index is calculated on the basis of the average gross wages paid per employee in the Construcon secon,

Division 41 - Construcon of buildings, from the Naonal classicaon of acvies (NKD Rev.2).

I(l)t/o - Labour cost index

S - Average gross wage paid per employee in the current period (t)

Soi - Average gross wage paid per employee in the base period (0)

t - Current period

0 - Base period


17/80


RETAIL PRICES AND CONSUMER PRICES

Data on retail pricesof goods and services are the result of regular monitoring of prices, including agricultural and industrial

retail prices, as well as service prices. Retail prices are monitored in 8 cies in the Republic of Macedonia. Prices of industrial products

and services are monitored once a month, while agricultural products are monitored twice a month (the rst and the third week of

the month).

Starng from January 2006, the prices of oil derivaves are monitored from the 26th day of the previous month ll the 25th

day of the current month, in order to scope all price movements within the reported month.

Average monthly pricesin the Republic of Macedonia are calculated by weighted arithmecal mean, whereby average prices

in parcular cies are weighted with the sold quanty of certain arcles in those cies.

Starng from January 2012, average monthly prices by cies are calculated by average-geometrical mean.

Average monthly prices for the agricultural products are calculated as average of both reported periods.

Average annual pricesof the products and services are obtained by an non weighted average-arithmec mean of prices for

12 months.

Scope

In 2012, retail turnover prices are monitored in 8 cies in the Republic of Macedonia, for 48 agricultural products, 147 food-

industry products, 259 non food-industry products and 149 types of services.

When selecng products for monitoring of prices, only products with signicant retail turnover are considered.Denions

Retail prices are the prices at which the products and services are sold to the nal consumers by retailers, individual producers

and service providers. VAT is included in retail prices.

Price indices

The Retail price index and the Consumer price index are calculated on the basis of average monthly retail prices, their dynamics

and the structure of personal consumpon.

Indices are calculated by means of the following formula:

I(t/0)

- index

P()

- price of the product/service i in the current month

P(oi)

- price of the product/service i in the base period

W(oi)

- weight of the product/service i in the base period

n - number of products/services

The Consumer price index is calculated on the basis of a special list of products and services for personal consumpon of

households, the average monthly retail prices of these goods and services, and their individual price indices weighted according to a

personal consumpon paern.

While calculang the consumer price indices, besides the naonal classicaon, COICOP (Classicaon of Individual

Consumpon by Purpose) is also used as an internaonal standard, which is a classicaon of the personal consumpon by purpose.

It is used by the European Union member states for calculaon of the Harmonized Index of Consumer Prices, which is used as an

indicator of inaon.


18/80


LABOUR FORCE SURVEY

Sources and scope of the Survey

The Labour Force Survey is the most exhausve research on the economic acvity of the populaon and its demographic,

educaonal and other characteriscs in the period between the censuses.

The Survey is conducted on a sample of 11250 households (7200 households unl 2003) on the whole territory of the country.

Unl 2003, the Labour Force Survey was conducted as an annual Survey and since 2004 it is being conducted as a connuous Survey,on a weekly basis, throughout the year, while the data processing is done quarterly and annually.

Units under observaon in the Survey are: the households and the persons from 15 - 79 years of age.

The adherence to the internaonal recommendaons of the Internaonal Labour Organizaon (ILO) and the EU Stascal

Oce (Eurostat) enables internaonal comparability of the data, but it also means applicaon of denions of the labour markets

basic categories that dier from the ones established by the naonal legislaon in this area.

The nal concept of the Survey is established taking into account the specics of the Republic of Macedonia in this area.

Denions

Working age populaon comprises every person between 15 and 79 years of age.

Economically acve populaon comprises all employed and unemployed persons (labour force).

Following the recommendaons of the ILO, in the employed are included persons of 15 years of age and over, who:

- During the reporng week have worked for money (in cash or in kind) or for prot at least one hour;

- During the reporng week were temporarily absent from work (because of illness; leave of absence; studies; cessaon

of the acvity of the business enty etc.), but had a job.

- Were helping on the family estate or in the family enterprise without pay.

According to the EUROSTAT and ILO standards as unemployed are considered the persons from 15 to 74 years of age

who meet the following three condions:

- During the reporng week they did not work (according to the above menoned criteria);

- Have searched acvely for a job or have taken concrete acvies to nd a job;

- Were prepared to accept work in the reporng week or in the week that followed.

The persons that are not included in both categories make up the group of those that are not in labour force:

- Pupils and Students

- Pensioners

- Housewives (who only perform acvies in their household)

- Persons who are supported by others or by the state or who support themselves with a dierent kind of income

(interests, rents).

The main indicators for monitoring the changes of the labour force are:

- Acvity rate as a share of the labour force in the total populaon aged 15 years and over;

- Employment rate as a share of the number of employed in the total populaon aged 15 years and over;

- Unemployment rate as a share of the number of unemployed in the total labour force.

The reporng period to which the quesons are related is the week before the week of conducng the Survey.


19/80


WAGES AND EMPLOYMENT

Sources and scope of stascal survey Labour - 1

The Monthly Stascal Survey Labour.1 monitors the average paid gross and net wages per employee, as well as the employees

from the personnel records, through collecng reports from the business enes, with a monthly periodicity. Sources of data are the

reporng units in private and other (public, state, cooperave and mixed) ownership, which perform dierent acvies. The survey

excludes the Macedonian representaves in foreign countries, the persons who independently perform an acvity - profession and

their employees, and the individual farmers.

The Monthly Survey is based on the sample of reporng units intenonally chosen, respecng the criterion of at least 70%

representaon of the employed in every secon of the Naonal Classicaon of Acvies - NKD Rev.2. The reporng units ll in

reports every month, which provide data on the total paid gross and net wages per employee, the total number of employees at the

end of the pre-reference month, the number of persons hired during the reference month, the number of persons who had le the

job during the reference month, the total number of employees and the number of employed women at the end of the reference

month.

Denions

Total paid gross wages cover: paid net wages for the reference month, paid personal tax and paid contribuons for: rerement

and disability insurance, for health insurance, for employment, for professional disease.

Total paid net wages cover: paid net wages for the reference month for the work done in the full-me work, less than fulland more than full-me work (overme work), payments in respect of annual vacaon by the enterprise, as well as public holidays,

paid leave up to seven days, paid leave for educaonal purposes, for sick-leave up to 30 days, etc., payments for me spent in the

army upon invitaon of a state body, protecon and civil services, etc., supplements of net wages for previous months paid during

the reference month (backward payments), payments based on periodical and nal account, prot-sharing bonuses, regardless of the

period they refer to.

The survey includes all employed persons that have a work contract (for denite or indenite me), as well as whether they

work full-me, less than full or more than full-me in business enes of all kinds of ownership and the state administrave bodies,

local self-government bodies, the polical pares, the public organizaons and associaons in the Republic of Macedonia.

This survey does not cover: persons such as Macedonian representaves in foreign countries, persons who perform independently

an acvity - profession and their employees, and the individual farmers.

Methods of calculaon and indices

Average paid gross and net wages per employee are calculated as a rao between the total gross and net wages and the total

number of employees who received payments.

Nominal indices of paid gross wages are calculated from the absolute value of the average gross wages, while the real indices

represent the rao between the nominal indices and the consumer price indices.

Nominal indices of paid net wages are calculated from the absolute value of the average net wages, while the real indices

represent the rao between the nominal indices and the consumer price indices.

Classicaons

Naonal Classicaon of Acvies - NKD Rev.2


20/80


NATURAL CHANGE IN POPULATION

The data on births, deaths and marriages are taken from the administrave sources-relevant registers, while the data on

divorces from the records of the relevant courts.

Stascs on births comprise live births and sll births.

Stascs on deaths comprise all cases of death.

Stascs on marriages cover the marriages contracted according to the legally prescribed manner, i.e. marriages registered

in the Record of Marriages.

Stascs on divorces refer to divorces in the relevant court.

Taking into account the need for presenng as realisc a picture as possible of the demographic appearances in the Republic

of Macedonia and of the adaptaon to the standards of the European Union, starng from 2004, the State Stascal Oce made

changes in the methodology of presentaon of vital stascs. The number of births, deaths, marriages and divorces shows only the

events which occurred in the Republic of Macedonia.

Denions

Live birth is any child who aer separaon (complete removal from its mother) shows any signs of life (breathing or heart

beat), irrespecve of how long that child was alive. If the child died soon aer separaon, rst it is registered as live birth and then,

as an infant death.

Sllbirth (foetal death) is any child separated from the mothers body without any signs of life, but only if the gestaon period

was not less than 28 weeks.

Deceased person is every live birth in which there is a permanent disappearance of all vital funcons.

Infant deaths - deaths of infants before reaching rst year of age.

Natural increase of the populaon is the dierence between the number of live births and the number of dead persons in a

given period of me.

The natural increase can be posive, when the number of live births is higher than the number of dead persons, and negave,

when the number of live births is lower than the number of dead persons.

Vital index is a relave indicator which shows the rao between the number of live births and the number of dead persons.

Divorce is a nal dissoluon of a marriage by a valid decision by the municipal court in charge.


21/80


GENERAL ECONOMIC INDICES

V 2014

---------

V 2013

I-V 2014

-----------

I-V 2013

Monthly index 2013=100

2013 2014

V VI VII VIII IX X XI XII I II III IV V

Industry1)

Producon* 110 104 101 104 109 95 97 102 109 108 85 89 106 110 111

Stocks* 111 104 95 96 100 107 101 101 100 112 96 98 100 103 105

Turnover2) 110 110 105 100 105 92 100 108 101 97 103 100 114 114 115

Construcon

Eecve work hours 83 106 129 96 98 96 100 105 107 103 103 100 107 109 107

Value of completed

construcon works 109 115 76 94 117 126 100 144 130 152 72 74 74 84 83

Railway transport

Net tonne-kilometres 91 89 112 84 111 96 91 101 103 95 84 95 98 82 102

Passenger kilometres 85 88 109 101 105 103 108 105 102 87 81 80 90 88 93

External trade - value

indices1)

Export 128 118 93 101 115 91 101 108 107 115 90 108 116 115 119Import 115 112 102 95 107 88 96 110 108 112 93 104 112 114 118

Internal trade

(value of turnover)2)

Motor vehicles 1041) 971) 89 85 90 71 76 92 90 97 641) 691) 841) 851) 921)

Wholesale trade 1311) 1281) 105 108 114 106 106 112 108 120 1191) 1221) 1371) 1481) 1381)

Retail trade3) 961) 921) 89 90 101 100 93 96 90 106 801) 771) 861) 881) 861)

Catering trade and

services (102) (101) 108 111 125 128 117 101 85 95 (79) (75) (86) (93) (110)

Tourism

Number of tourists 113 107 116 116 191 218 109 105 58 58 53 47 62 76 131

Nights spent by tourists 112 106 85 94 287 326 87 77 44 38 36 34 44 52 95

Industrial producer price2)

Total1) 100 98 111 113 111 111 113 111 111 110 110 110 110 110 111

Domesc market 100 98 118 118 118 117 119 117 116 117 117 116 117 117 118

Non-domesc market1) 100 97 104 107 104 106 106 105 105 103 103 103 104 103 104

Retail prices 99 100 100 100 99 100 100 100 100 100 101 100 99 99 99

Industrial products 100 100 99 99 99 100 100 100 100 101 101 100 100 99 99

Agricultural products 95 99 109 111 100 99 98 96 95 98 98 99 99 101 104

Services 99 100 100 100 100 101 101 101 100 100 100 100 98 98 98

Prices of catering trade

and services 99 100 101 101 101 101 101 101 99 99 99 99 99 99 99

Output prices in

agriculture1)2) 100 116 125 108 96 103 109 115 131 144 146 145 129 115

Input prices in

agriculture1)2) 96 127 128 129 125 125 124 122 122 122 122 124 122 121

Consumer prices 99 100 101 101 100 100 100 100 100 100 100 100 100 100 100

Net wage per employee

Nominal 101 100 101 100 100 100 99 100 100 101 101 99 99 100 102

Real 102 100 100 99 101 100 98 99 98 101 101 99 100 100 102

1)Preliminary data

2)Base year 2010

3) Volume indices (value in real terms): by using deators made up of consumer price indices the change in prices is eliminated


22/80


BASIC ANNUAL DATA 2008-2013

2008 2009 2010 2011 2012 2013

POPULATION

Natural increase of the populaon, in '000 4.0 4.6 5.2 3.3 3.4 4.0

Rate of natural increase 1.9 2.3 2.5 1.6 1.7 1.9

Live births (per 1000 inhabitants) 11.2 11.5 11.8 11.1 11.4 11.2

Deaths (per 1000 inhabitants) 9.3 9.3 9.3 9.5 9.8 9.3

Infant deaths (per 1000 live births) 9.7 11.7 7.6 7.6 9.7 10.2

Marriages (per 1000 inhabitants) 7.2 7.3 6.9 7.2 6.8 6.8

EDUCATION

Persons aained educaon in:

Primary and lower secondary schools1) 27 418 27 282 26 034* 24 864 24 124 23 246

Upper secondary schools1) 24 860 24 404 25 597* 24 995 25 908 25 711

Higher schools2) 811 662 914 579 215 140

Universies 10 027 9 570 9 030 9 223 10 177 9 340

LABOUR FORCEPopulaon aged 15 years and over by economic acvity

Total 1 633 341 1 638 869 1 648 522 1 656 215 1 669 965 1 672 460

Employed 609 015 629 901 637 855 645 085 650 554 678 838

Unemployed 310 409 298 873 300 439 294 963 292 502 277 219

Inacve persons 713 917 710 094 710 228 716 166 726 910 716 403

RECIPIENTS OF PENSIONS3)4)

Total 273 281 273 977 273 751 282 975 287 456 291 821

Old age 149 682 150 092 151 894 156 017 162 127 169 362

Disability 48 562 47 948 46 118 46 979 45 658 42 741

Survivor 75 037 75 937 75 739 76 529 76 594 77 011

Military - - - 2 007 1 953 1 827

Agricultural - - - 1 443 1 124 880

GROSS DOMESTIC PRODUCT

(real growth rates unless otherwise stated)

GDP at current prices (in million denars) 411 728 410 734 434 112 459 789 458 6215) 473 0196)

GDP in million PPS 17 255 17 413 17 978* 18 255 ... ...

GDP per capita in PPS 8 430 8 491 8 748* 8 868 ... ...

Gross Domesc Product 5.0 - 0.9 2.9 2.8 -0.45) 2.96)

GDP deator 7.5 0.7 2.7 3.1 0.15) ...

Domesc demand 7.5 - 3.0 - 0.5 3.9 ... ...

Household nal consumpon, including

NPISHs

7.4 - 4.7 2.1* 2.9 -3.05) 4.26)

General government nal consumpon 10.6 0.5 - 2.0 0.6 -1.45) -3.66)

Gross xed capital formaon 5.4 - 4.3 - 2.7 3.2 ... ...

Export of goods and services -6.3 - 15.8 23.6 10.5 0.05) 4.56)

Import of goods and services 0.8 - 14.3 9.5 10.4 4.25) -2.16)

1) Pupils in special schools, religious schools, and schools for adults are presented at related level of educaon

2)Students graduated from rst cycle (university) and professional studies are included

3)Source: Pension and Disability Insurance Fund of R.M.4)In 2011, for the rst me, there are military and agricultural pensions as a result of the newly established system for processing data

in the Pension and Disability Insurance Fund of the Republic of Macedonia5)Preliminary data

6)Esmated data


23/80


BASIC ANNUAL DATA 2008-2013 (connued)

2008 2009 2010 2011 2012 2013

Industry1)

Indices of total volume 108.1 93.9 97.9 106.2 100.0 103.2

Indices of turnover - - 102.5 110.8 100.0 107.7*

Agriculture 98.4 101.3 109.1 105.6 100.0 ...

Construcon2)

Value of completed construcon works 61.6 65.0 71.8 78.2 100.0 149.4

Eecve work hours 95.5 93.6 99.1 113.1 100.0 130.4

Passenger transport

Passenger kilometres 88.3 86.5 102.7 116.9 100.0 99.6

Railway transport

Net tonne-kilometres 175.6 117.4 124.1 113.2 100.0 99.5

Passenger kilometres 149.1 155.7 155.9 146.4 100.0 80.8

Industrial producer price indices

Total1) - - 102.8 101.4 100.0 98.6

Domesc market 98.5 98.8 99.2 99.6 100.0 100.4

Non-domesc market1) - - 106.4 103.2 100.0 96.9

Retail Prices Indices 92.0 90.8 93.1 96.8 100.0 101.3Industrial products 88.5 87.0 90.8 95.6 100.0 101.4

Agricultural products 99.3 93.8 92.4 97.0 100.0 106.4

Beverages 92.4 98.8 98.9 99.6 100.0 102.7

Services 96.6 96.4 96.8 98.5 100.0 100.4

Indices of catering trade services 97.3 100.8 100.9 100.0 100.0 101.1

Consumer Price Index 92.4 91.7 93.2 96.8 100.0 102.8

Nominal net wage paid per employee 77.0 95.5 98.3 99.7 100.0 101.2

Real net wage paid per employee 83.3 104.1 105.5 103.0 100.0 98.4

External trade

(in '000 000 US dollars)

Export 3 991 2 708 3 351 4 478 4 015 4 2671)

Import 6 883 5 073 5 474 7 027 6 522 6 6001)

Balance -2 892 - 2 356 - 2 123 - 2 549 -2 507 -2 3331)

Import coverage by export in % 58 53 61 64 62 651)

Internal trade (in '000 000 denars)3)

Motor vehicles - - - 23 417 21 317 23 522

Turnover in wholesale trade 142 343 128 426 140 069 166 080 191 307 189 788

Turnover in retail trade 93 513 89 953 93 708 208 776 203 103 195 856

Purchase and sale of agricultural products 10 564 11 564 8 505 13 071 13 309 14 070

Turnover in catering trade and services

(in '000 000 denars)

6 718 6 364 5 856 6 353 6 662 6 788

Tourism (in 000)

Number of tourists 605 588 586 648 664 702

Nights spent by tourists 2 236 2 102 2 020 2 173 2 152 2 157Denar savings deposits of the Households (Individuals and

Self-Employed Individuals), in 000.000 denars, status as of

31.124)5)

35 711 30 708 44 757 55 680 66 454 73 381

Denar credits of the Households (Individuals and Self-

Employed Individuals), in 000.000 denars, situaon as of

31.124)5)

65 132 68 048 70 452 75 092 80 401 89 554

Short-term 16 345 17 586 16 786 16 316 16 813 16 989

Long-term 44 877 43 779 46 800 51 743 56 402 65 302

Accrued interest 460 1 258 1 236 1 393 1 536 1 645

Doubul and contested claims 3 450 5 424 5 631 5 640 5 650 5 6181) Preliminary data

2) For structures in public, cooperave, mixed and state ownership

3) Because of methodological changes in 2011, the data are not comparable to previous years

4)Source: Naonal Bank of the Republic of Macedonia

5)Revised data series in accordance with the new methodology of NBRM


24/80


BASIC QUARTERLY DATA

NATURAL CHANGE OF THE POPULATION

Births DeathsNatural

increase

Number of marriages

live births sllbirths total infants marriages divorces

II Q 2012 5 789 53 4 881 61 908 3 487 541

III Q 2012 6 494 49 4 594 54 1 900 4 507 365

IV Q 2012 5 869 48 4 955 53 914 3 280 503

I Q 2013 5 320 46 4 978 48 342 2 923 570

II Q 2013 5 587 58 4 647 59 940 3 317 549

III Q 2013 6 313 54 4 565 64 1 748 4 365 357

IV Q 2013 5 918 38 5 018 66 900 3 377 569

I Q 20141) 5 635 57 5 281 56 354 2 597 576

1) Preliminary data

AVERAGE NET WAGE PER EMPLOYEE

I Q 2013 I Q 2014

Indices

I Q 2014

-------------

I Q 2013

I Q 2014

-------------

2013

Total paid monthly average net-wage per employee 21 130 21 091 99.8 99.7

A Agriculture, forestry and shing 15 377 15 217 99.0 97.3

B Mining and quarrying 22 390 24 840 110.9 106.6

C Manufacturing 15 415 15 708 101.9 99.7

D Electricity, gas, steam and air condioning supply 36 126 36 286 100.4 99.8

E Water supply; sewerage, waste management and

remediaon acvies

18 894 18 793 99.5 100.4

F Construcon 16 808 17 776 105.8 102.7

G Wholesale and retail trade; repair of motor

vehicles and motorcycles

19 253 19 529 101.4 101.4

H Transportaon and storage 22 036 22 823 103.6 101.9

I Accommodaon and food service acvies 15 288 14 721 96.3 96.3

J Informaon and communicaon 39 975 35 072 87.7 99.6

K Financial and insurance acvies 37 249 38 024 102.1 101.2

L Real estate acvies 25 433 25 858 101.7 102.7

M Professional, scienc and technical acvies 28 080 28 545 101.7 103.8

N Administrave and support service acvies 14 036 14 486 103.2 103.5

O Public administraon and defence; compulsory

social security

24 883 25 084 100.8 100.1

P Educaon 21 203 21 305 100.5 100.3

Q Human health and social work acvies 22 965 23 255 101.3 100.7

R Arts, entertainment and recreaon 17 949 18 046 100.5 101.8S Other service acvies 23 488 23 265 99.1 98.7


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QUARTERLY CONSTRUCTION COST INDICES FOR NEW RESIDENTIAL BUILDINGS

2010=100

I Q 2013 II Q 2013 III Q 2013 IV Q 2013 I Q 2014I Q 2014

I Q 2013

I Q 2014

IV Q 2013

Construcon costs for new residenal

buildings

108.6 109.3 108.8 108.8 106.8 98.4 98.2

Material costs 105.6 104.5 103.5 103.7 102.3 96.9 98.6

Labour costs 119.1 126.7 127.6 126.8 122.9 103.2 96.9

QUARTERLY RETAIL PRICE INDEX, CONSUMER PRICE INDEX AND

INDUSTRIAL PRODUCER PRICE INDICES ON THE DOMESTIC MARKET

II Q 2013 III Q 2013 IV Q 2013 I Q 2014 II Q 2014II Q 2014

II Q 2013

II Q 2014

I Q 2014

Retail price index (2013=100)

Total 100.2 100.0 100.2 99.8 99.0 98.8 99.2

Agricultural products 110.5 98.9 96.3 98.6 101.8 92.1 103.2

Industrial products 99.5 99.7 100.5 100.2 99.3 99.8 99.1

Non-food industrial products 99.3 99.4 100.6 100.3 99.2 99.8 98.9

Food products 102.8 99.7 99.0 99.5 99.9 97.1 100.4

Processed food products 99.9 100.1 100.0 99.8 99.1 99.3 99.3

Beverages (alcoholic and

nonalcoholic)

98.6 100.6 100.7 101.1 101.1 102.5 99.9

Services 99.7 100.5 100.3 99.4 98.2 98.4 98.7

Goods 100.5 99.7 100.1 100.0 99.5 99.0 99.5

Consumer price index (2013=100)

Total 100.7 99.9 100.1 99.9 99.8 99.1 99.9

Food and non-alcoholic beverages 102.0 99.9 99.3 99.4 99.4 97.5 100.0Alcoholic beverages, tobacco 99.3 102.0 102.0 101.9 101.9 102.7 100.0

Clothing and footwear 99.3 99.5 101.9 99.6 100.7 101.4 101.0

Housing, water, electricity, gas and

other fuels

100.8 98.5 99.3 99.3 99.2 98.4 99.9

Furnishings, household equipment

and roune maintenance of the

house

100.0 100.2 100.1 99.3 98.5 98.5 99.2

Health 97.9 100.7 105.4 107.7 107.7 110.0 100.0

Transport 99.2 100.6 99.5 99.5 99.6 100.4 100.1

Communicaon 99.9 100.8 101.0 100.5 98.8 98.9 98.3

Recreaon and culture 99.7 100.3 100.6 98.6 96.1 96.4 97.5

Educaon 100.0 100.0 100.1 100.1 100.1 100.2 100.0

Restaurants and hotels 100.3 100.1 99.8 99.0 98.5 98.3 99.5

Miscellaneous goods and services 99.6 100.1 100.8 101.4 101.4 101.8 100.0

Industrial producer price indices on the domesc market (2010=100)

Total 118.3 117.9 117.0 116.5 117.2 99.1 100.6

Energy 130.6 130.8 129.4 129.7 130.9 100.2 100.9

Intermediate goods, except energy 113.9 112.7 112.3 113.9 114.0 100.1 100.1

Capital goods 96.2 95.1 95.8 94.2 96.6 100.4 102.5

Consumer goods 111.7 111.4 110.4 108.3 108.9 97.5 100.5

Durable goods 109.1 108.8 109.3 109.9 109.8 100.7 99.9

Non-durable goods 111.8 111.5 110.5 108.3 108.9 97.4 100.6


26/80


GROSS DOMESTIC PRODUCT AT QUARTERLY LEVEL

- growth rates -

(compared to the corresponding period of the previous year)

%

NACE Descripon

20122)

20122)20133)

20133)20143)

II Q III Q IV Q I Q II Q III Q IV Q I Q

A+B Agriculture, hunng, forestry and

Fishing

-7.0 0.0 -10.1 -6.2 -2.9 -0.3 1.6 1.9 0.5 1.6

C+D+E Mining and quarrying, Manufacturing

and Electricity, gas and water supply

2.6 5.6 7.8 2.8 8.9 6.9 1.6 2.6 4.9 2.4

F Construcon -5.7 16.5 11.3 4.8 37.3 33.7 30.5 32.1 32.7 13.7

G Wholesale and retail trade; repair

of motor vehicles, motorcycles and

personal and household goods

-6.7 -4.2 -5.1 -4.8 -0.7 -1.1 2.8 -1.5 -0.1 3.3

H Hotels and restaurants 3.1 3.4 2.4 2.3 4.2 2.3 -1.1 4.4 2.1 1.3

I Transport, storage and communicaon -2.9 0.2 -4.2 -0.8 -1.7 4.4 -0.1 0.0 0.6 2.8

J+K+O Financial intermediaon, Real estate,

renng and business acvies, Other

community, social and personal service

acvies (imputed rents are alsoincluded)

3.3 0.6 0.7 2.0 1.4 0.9 1.9 1.2 1.3 4.7

L+M+N Public administraon and defence,

compulsory social security, Educaon,

Health and social work

0.3 0.2 1.0 0.5 -0.2 -0.2 -0.9 -0.2 -0.4 0.6

Value Added -0.9 1.5 0.0 0.0 2.5 3.6 3.3 3.4 3.2 3.1

Net taxes on products -5.1 -3.5 -1.0 -2.8 1.0 1.1 0.2 1.3 0.9 9.4

Gross Domesc Product -1.5 0.8 0.0 -0.4 2.4 3.3 2.8 3.1 2.9 3.9

GROSS DOMESTIC PRODUCT BY EXPENDITURE APPROACH

(current prices)

in million denars

20122)

20122)20133)

20133)20143)


Gross domesc product 113 946 118 712 121 905 458 621 102 938 119 648 122 978 127 455 473 019 108 939

Final consumpon 109 604 107 230 110 455 427 573 107 549 118 011 109 959 112 059 447 578 110 235

Gross capital formaon1) 30 350 33 677 42 030 134 962 17 739 27 911 28 656 40 402 114 708 20 769

Export of goods and services 62 560 64 003 64 342 245 866 55 025 63 196 68 977 67 709 254 906 62 880

Import of goods and services 88 568 86 199 94 923 349 781 77 375 89 468 84 615 92 715 344 174 84 945

1) Includes discrepancies in changes in inventories due to balancing

2) Preliminary data

3)Esmated data


27/80


MONETARY AGGREGATES AND

2012

VI VII VIII IX X XI XII I II III IV

1. Currency in circulaon 18 822 20 363 19 646 19 214 18 757 18 341 20 118 18 896 18 841 20 684 20 641

2. Demand Deposits 42 360 42 960 42 782 43 967 44 997 43 864 45 823 43 665 45 240 45 531 43 229

3. (1+2) Money supply M1 61 182 63 323 62 428 63 182 63 755 62 205 65 940 62 561 64 081 66 214 63 869

4. Short-term deposits 154 411 156 303 154 588 151 618 152 134 153 407 151 769 152 234 153 534 152 011 145 031

4.1. in denars 59 273 59 567 59 511 58 198 58 296 58 762 57 541 58 136 58 219 57 518 55 720

4.2. in foreign currency 95 138 96 736 95 077 93 420 93 838 94 646 94 228 94 098 95 315 94 493 89 311

5. (3+4.1.) Money supply

M2 - Denar

120 455 122 890 121 939 121 380 122 051 120 967 123 481 120 697 122 301 123 732 119 590

6. (5+4.2.) Money supply

M2 - total

215 593 219 626 217 016 214 800 215 889 215 612 217 709 214 795 217 616 218 225 208 900

7. Long-term deposits 42 866 43 589 44 689 45 742 46 445 47 396 48 575 50 248 51 095 52 241 53 479

7.1. in denars 27 319 28 096 29 029 29 745 30 265 30 928 31 688 32 895 33 448 34 326 35 291

7.2. in foreign currency 15 548 15 494 15 660 15 997 16 180 16 469 16 887 17 353 17 648 17 915 18 1888. (6+7) Money supply M4

- total

258 459 263 215 261 705 260 541 262 333 263 009 266 284 265 043 268 711 270 466 262 379

annual growth rates

1. Currency in circulaon 10.46 12.59 11.93 11.81 10.56 10.31 4.19 3.82 2.77 15.81 14.20

2. Demand Deposits 3.38 8.06 5.77 9.07 10.94 11.16 9.12 4.07 9.12 9.79 0.99

3. Money supply M1 5.46 9.47 7.63 9.89 10.82 10.91 7.57 3.99 7.17 11.60 4.91

4. Short-term deposits 5.38 3.05 1.17 0.26 -0.15 -0.87 -2.34 -3.08 -2.35 -3.67 -5.96

4.1. in denars 14.74 12.35 11.78 8.38 7.58 6.03 -1.29 -2.95 -4.36 -6.50 -4.43

4.2. in foreign currency 0.28 -1.94 -4.51 -4.21 -4.42 -4.73 -2.96 -3.16 -1.09 -1.86 -6.89

5. Money supplyM2 - denar

9.83 10.85 9.62 9.16 9.25 8.49 3.25 0.53 1.36 2.39 0.34

6. Money supply

M2 - total

5.40 4.83 2.94 2.91 2.86 2.26 0.47 -1.12 0.27 0.50 -2.88

7. Long-term deposits 22.93 21.45 23.62 25.73 24.26 24.63 26.70 31.98 30.57 29.04 29.80

7.1. in denars 55.50 52.68 54.17 54.40 52.51 50.89 44.26 44.44 38.69 37.27 37.26

7.2. in foreign currency -10.13 -11.41 -9.59 -6.53 -7.71 -6.08 3.15 13.42 17.53 15.75 17.40

8. Money supply

M4 - total

7.95 7.26 5.97 6.30 6.09 5.68 4.41 3.81 4.90 4.99 2.37

1)Revised data: Starng with the Quarterly Report for Q1.2009 the data are revised in accordance with the new methodology for

the period from January 2003

Source: Naonal Bank of the Republic of Macedonia


28/80


COMPONENTS THEREOF (non-government sector)1)

in millions of denars

2013 2014

V VI VII VIII IX X XI XII I II III IV V VI

19 992 20 115 20 993 20 608 19 975 19 701 19 437 20 706 19 892 20 888 20 865 21 511 21 205 21 177

44 389 45 191 44 927 46 742 46 496 46 730 46 004 49 299 47 933 50 112 51 035 50 480 51 163 51 737

64 381 65 306 65 920 67 350 66 470 66 431 65 440 70 005 67 824 71 000 71 900 71 991 72 368 72 914

145 071 145 340 145 291 147 756 147 749 147 736 149 220 148 061 148 360 148 715 148 524 147 240 145 708 146 593

55 552 56 019 55 382 55 336 56 455 56 451 57 107 57 112 56 963 57 505 57 270 56 009 55 582 55 924

89 519 89 321 89 909 92 420 91 294 91 285 92 113 90 949 91 397 91 210 91 254 91 231 90 125 90 669

119 933 121 325 121 302 122 686 122 925 122 882 122 547 127 117 124 787 128 505 129 170 128 000 127 950 128 838

209 451 210 647 211 211 215 106 214 219 214 167 214 660 218 066 216 184 219 715 220 424 219 231 218 076 219 507

54 354 55 646 57 267 58 447 59 538 60 462 61 464 62 297 63 852 65 036 65 814 66 792 67 771 68 196

36 084 37 174 38 159 38 998 39 792 40 262 40 976 41 509 42 483 43 304 43 800 44 522 45 218 45 531

18 271 18 471 19 108 19 449 19 746 20 200 20 488 20 788 21 368 21 732 22 014 22 270 22 552 22 666263 806 266 292 268 478 273 553 273 757 274 630 276 124 280 363 280 036 284 751 286 238 286 023 285 846 287 703

annual growth rates

8.84 6.87 3.09 4.90 3.96 5.03 5.97 2.93 5.27 10.86 0.88 4.22 6.07 5.28

7.26 6.68 4.58 9.26 5.75 3.85 4.88 7.59 9.77 10.77 12.09 16.77 15.26 14.49

7.74 6.74 4.10 7.88 5.21 4.20 5.20 6.16 8.41 10.80 8.59 12.72 12.41 11.65

-6.59 -5.87 -7.05 -4.42 -2.55 -2.89 -2.73 -2.44 -2.54 -3.14 -2.29 1.52 0.44 0.86

-6.24 -5.49 -7.03 -7.02 -3.00 -3.16 -2.82 -0.75 -2.02 -1.23 -0.43 0.52 0.05 -0.17

-6.81 -6.11 -7.06 -2.80 -2.28 -2.72 -2.68 -3.48 -2.87 -4.31 -3.43 2.15 0.68 1.51

0.78 0.72 -1.29 0.61 1.27 0.68 1.31 2.94 3.39 5.07 4.40 7.03 6.68 6.19

-2.61 -2.29 -3.83 -0.88 -0.27 -0.80 -0.44 0.16 0.65 0.96 1.01 4.95 4.12 4.21

29.20 29.81 31.38 30.79 30.16 30.18 29.68 28.25 27.07 27.28 25.98 24.89 24.68 22.55

36.12 36.08 35.82 34.34 33.78 33.03 32.49 30.99 29.15 29.47 27.60 26.16 25.32 22.48

17.40 18.81 23.32 24.20 23.44 24.85 24.40 23.10 23.14 23.14 22.88 22.44 23.43 22.71

2.60 3.03 2.00 4.53 5.07 4.69 4.99 5.29 5.66 5.97 5.83 9.01 8.35 8.04


29/80


BALANCE OF PAYMENTS - (annual and quarterly data series)1)

In million US$

20122012

20132013

2014


I. CURRENT ACOUNT -87.2 83.4 -155.8 -300.8 -149.4 -145.6 177.0 -77.0 -195.0 -167.7

GOODS -612.1 -619.0 -714.5 -2 584.1 -598.6 -632.0 -580.8 -656.5 -2 467.9 -630.9

Credit 754.7 746.0 797.8 2 960.8 673.3 783.8 816.3 893.2 3 166.6 841.1

Debit2) 1 366.7 1 365.0 1 512.2 5 544.9 1 271.9 1 415.8 1 397.1 1 549.7 5 634.5 1472.0

SERVICES 53.9 179.2 51.2 391.5 115.3 61.7 204.5 99.6 481.1 139.3

PRIMARY INCOME -49.0 -43.8 -51.9 -190.3 -65.7 -52.9 -59.6 -63.8 -242.0 -65.1

SECONDARY INCOME 519.9 567.0 559.4 2 082.1 399.7 477.7 612.9 543.6 2 033.9 389.0

Credit 541.9 591.1 585.8 2 174.5 423.6 508.8 643.3 579.7 2 155.4 446.7

Debit 21.9 24.0 26.4 92.4 23.9 31.1 30.4 36.1 121.5 57.7

II CAPITAL ACCOUNT 0.2 2.9 6.1 11.7 1.0 7.4 1.5 1.9 11.8 3.4

Credit 0.5 3.0 6.5 12.5 1.0 7.4 1.9 1.9 12.2 3.4

Debit 0.3 0.0 0.4 0.8 0.0 0.0 0.3 0.0 0.3 0.0

III FINANCIAL ACCOUNT -80.5 89.5 -153.9 -267.9 -141.9 -132.9 185.1 -56.2 -145.9 -148.5Direct investment -1.1 26.1 -67.8 -147.7 -111.1 -44.9 -115.6 -101.8 -373.4 -132.6

Porolio investment -9.8 -79.1 -8.4 -98.7 179.0 3.1 8.6 18.1 208.8 0.2

Other investment 7.9 62.3 -250.7 -206.2 -277.3 32.3 251.6 59.6 66.2 65.2

Net acquision of nancial

assets

-57.0 146.6 -93.6 99.3 250.2 152.5 27.4 -352.5 77.7 461.7

Net incurrence of liabilies -65.0 84.3 157.1 305.5 527.6 120.3 -224.2 -412.1 11.6 396.6

Reserve assets3) -77.5 80.1 172.9 184.7 67.6 -123.5 40.5 -32.1 -47.5 -81.2

IV. NET ERRORS AND OMISSIONS 6.5 3.2 -4.3 21.2 6.6 5.2 6.5 18.9 37.2 15.8

1) Preliminary data.

Please note: In June 2014 revision was done in accordance with the Balance of Payments and Internaonal Investment Posion Manual (BPM6), IMF, 2009.

For the period 2010-March, 2014 revision was done fully in accordance with the BPM6 recommendaons.For the period 2003-2009 revision was done on the basis of IMFs BPM5-to-BPM6 conversion matrix, while some balance of payments items with more detailed

data were revised as recommended in BPM6.

More detailed informaon for the methodological changes is available on the following link: www.nbrm.mk/Informaon

2) Imports data are on fob basis in accordance with Balance of Payments and Internaonal Investment Posion Manual (BPM6).

Calculaon of cif / fob factor as % of imports cif is 3.86%.

3) Excluding price changes and exchange rate dierences.



30/80


TRADE BALANCE - annual and quarterly data series

In million US$

20122012

20132013

2014


GOODS -612.1 -619.0 -714.5 -2 584.1 -598.6 -632.0 -580.8 -656.5 -2 467.9 -630.9

Credit 754.7 746.0 797.8 2 960.8 673.3 783.8 816.3 893.2 3 166.6 841.1

Debit 1 366.7 1 365.0 1 512.2 5 544.9 1 271.9 1 415.8 1 397.1 1 549.7 5 634.5 1 472.0

1. General merchandise on a

balance of payments basis

-623.1 -640.3 -726.8 -2 639.9 -597.7 -640.5 -595.1 -663.5 -2 496.8 -643.2

Credit 743.7 724.7 785.5 2 905.0 674.2 775.3 802.0 886.2 3 137.6 828.8

Debit 1 366.7 1 365.0 1 512.2 5 544.9 1 271.9 1 415.8 1 397.1 1 549.7 5 634.4 1 472.0

2. Net exports of goods under

merchanng (credit)

11.0 21.2 12.2 55.7 -0.9 8.5 14.2 6.3 28.1 12.2

Goods acquired under merchanng

(negave credit)

-34.1 -40.3 -41.2 -142.9 -72.0 -44.0 -53.8 -47.7 -217.5 -37.8

Goods sold under merchanng

(credit)

45.1 61.6 53.4 198.6 71.1 52.4 68.0 54.0 245.6 50.1

3. Nonmonetary gold 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.7 0.9 0.0

Credit 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.7 0.9 0.0

Debit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0



31/80


BALANCE OF SERVICES - annual and quarterly data series

In million US$

20122012

20132013

2014


SERVICES 53.9 179.2 51.2 391.5 115.3 61.7 204.5 99.6 481.1 139.3

-Credit 276.8 430.2 328.0 1 364.3 322.8 332.0 472.9 388.2 1 515.9 383.2

-Debit 222.9 251.1 276.7 972.8 207.5 270.3 268.4 288.6 1034.8 243.8

1. Manufacturing services on

physical inputs owned by others

37.8 147.0 71.0 378.4 101.3 69.5 142.9 76.7 390.4 116.3

Credit 37.1 147.1 71.3 378.0 101.0 69.5 143.3 77.6 391.4 117.0

-Debit -0.7 0.1 0.3 -0.4 -0.2 0.0 0.4 0.9 1.0 0.7

2. Maintenance and repair services

n.i.e.

-0.5 -0.3 -1.0 -2.1 -1.6 -0.3 -0.3 -0.8 -3.1 -1.0

-Credit 0.7 0.8 0.6 3.1 0.5 0.7 1.0 0.5 2.6 0.3

-Debit 1.2 1.1 1.5 5.3 2.1 1.0 1.3 1.3 5.7 1.3

3. Transport -16.1 -5.0 -1.7 -39.8 -2.4 -8.1 12.8 2.5 4.7 -3.7

-Credit 81.3 83.4 89.7 328.5 77.1 87.0 100.1 101.9 366.0 90.3

-Debit 97.4 88.4 91.4 368.3 79.5 95.1 87.3 99.4 361.3 94.0

4. Travel 21.8 52.7 27.4 122.3 21.6 25.1 64.1 25.3 136.0 20.3

-Credit 51.1 87.4 52.8 233.7 46.2 58.6 100.8 61.0 266.6 53.8

-Debit 29.4 34.7 25.4 111.4 24.6 33.5 36.7 35.7 130.6 33.5

5. Construcon 7.7 15.6 -14.9 9.4 -1.5 -4.2 -6.1 6.7 -5.1 3.3

-Credit 16.5 18.9 17.5 58.3 5.8 15.1 19.1 33.5 73.6 10.7

-Debit 8.8 3.3 32.4 49.0 7.3 19.3 25.2 26.9 78.7 7.4

6. Insurance and pension services -1.4 -1.3 -1.5 -5.4 -1.4 -1.4 -1.3 -1.5 -5.7 -1.5

-Credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

-Debit 1.4 1.3 1.5 5.4 1.4 1.4 1.3 1.5 5.7 1.5

7. Financial services -6.4 -6.1 -5.9 -23.9 -5.1 -8.1 -9.2 -8.6 -31.1 -11.2

-Credit 0.3 0.8 0.9 2.6 0.9 1.0 0.9 0.9 3.6 0.9

-Debit 6.7 6.9 6.8 26.5 6.0 9.1 10.1 9.5 34.7 12.1

8. Charges for the use of intellectualproperty n.i.e. -2.3 -6.7 -5.5 -25.6 -4.7 -7.7 -10.9 -9.1 -32.4 -5.6

-Credit 2.4 1.7 2.7 8.3 1.6 3.0 1.9 2.6 9.2 2.4

-Debit 4.7 8.3 8.2 33.9 6.2 10.8 12.9 11.7 41.6 8.0

9. Telecommunicaons, computer,

and informaon services

20.8 16.4 15.0 64.5 11.1 17.1 18.4 14.8 61.3 17.3

-Credit 31.4 39.8 30.8 136.1 36.4 39.8 43.2 39.2 158.6 42.7

-Debit 10.6 23.4 15.9 71.6 25.4 22.7 24.8 24.4 97.3 25.5

10. Other business services 2.4 -26.7 -23.7 -52.1 4.5 -11.9 1.1 4.3 -2.1 16.1

-Credit 50.0 42.8 55.4 189.8 46.7 50.4 54.5 62.7 214.3 58.8

-Debit 47.6 69.5 79.0 241.9 42.2 62.3 53.4 58.4 216.4 42.6

11. Personal, cultural, and

recreaonal services

-3.1 -0.6 -2.1 -7.2 0.0 -2.8 -1.2 -3.4 -7.3 -5.0

-Credit 4.6 5.8 5.0 20.1 5.5 5.5 6.5 6.4 23.9 4.6

-Debit 7.7 6.4 7.1 27.4 5.5 8.3 7.6 9.8 31.2 9.6

12. Government goods and services

n.i.e.

-6.7 -6.0 -6.0 -26.8 -6.4 -5.5 -5.7 -7.1 -24.7 -6.0

-Credit 1.4 1.7 1.3 5.7 1.2 1.3 1.6 2.0 6.1 1.6

-Debit 8.1 7.7 7.3 32.5 7.6 6.8 7.3 9.2 30.8 7.6



32/80


BALANCE OF SECONDARY INCOME - annual and quarterly data series

In million US$

20122012

20132013

2014


Secondary income 519.9 567.0 559.4 2 082.1 399.7 477.7 612.9 543.6 2 033.9 389.0

-Credit 541.9 591.1 585.8 2 174.5 423.6 508.8 643.3 579.7 2 155.4 446.7

-Debit 21.9 24.0 26.4 92.4 23.9 31.1 30.4 36.1 121.5 57.7

1. General government 10.3 7.6 52.6 78.3 9.1 11.8 15.2 21.9 57.9 8.2

-Credit 12.1 10.1 57.4 89.7 12.1 14.9 19.0 25.5 71.5 9.6

-Debit 1.8 2.5 4.8 11.4 3.1 3.1 3.8 3.5 13.5 1.4

2. Financial corporaons,

nonnancial corporaons,

households, and NPISHs

509.6 559.5 506.8 2 003.8 390.6 466.0 597.7 521.6 1 975.9 380.8

-Credit 529.7 581.0 528.5 2 084.8 411.4 493.9 624.3 554.2 2 083.9 437.0

-Debit 20.1 21.6 21.7 81.0 20.8 28.0 26.6 32.6 108.0 56.3

2.1. Personal transfers (Current

transfers between resident and

nonresident households)

65.2 60.0 58.0 234.8 49.4 60.3 64.7 60.8 235.2 55.4

-Credit 70.0 64.8 63.0 254.4 54.2 65.3 68.7 65.7 253.9 60.2

-Debit 4.8 4.7 5.1 19.6 4.8 5.0 4.0 4.8 18.7 4.9

Of which: Workers' remiances 65.2 60.0 58.0 234.8 49.4 60.3 64.7 60.8 235.2 55.4

-Credit 70.0 64.8 63.0 254.4 54.2 65.3 68.7 65.7 253.9 60.2

-Debit 4.8 4.7 5.1 19.6 4.8 5.0 4.0 4.8 18.7 4.9

2.2. Other current transfers 444.4 499.4 448.8 1 769.0 341.2 405.6 533.1 460.8 1 740.7 325.4

-Credit 459.7 516.3 465.4 1 830.4 357.2 428.6 555.6 488.6 1 830.0 376.8

-Debit 15.3 16.8 16.6 61.4 16.0 23.0 22.6 27.8 89.3 51.4



33/80


EXCHANGE RATES (average quarterly and monthly rates)

Denars (Dinars prior to April 26th 1992) per 1 unit of foreign currency

Exchange rates of the Naonal Bank of the Republic of Macedonia

CHF GBP USD EUR

2012 I Q 50.9057 73.7062 46.9402 61.5030

II Q 51.2605 75.9580 47.9813 61.5928

III Q 51.1151 77.7155 49.2279 61.5255

IV Q 50.9158 76.1737 47.4333 61.5006

2013 I Q 50.1627 72.4824 46.6589 61.5860

II Q 50.0915 72.5215 47.2160 61.6575

III Q 49.8521 72.0260 46.4977 61.5494

IV Q 50.0671 73.2175 45.2298 61.54

Documents

Monthly Stastistic Report June_en