BDI has raised concerns regarding the current economic trajectory, suggesting that recent price movements could signal the onset of new economic challenges. Central to these concerns is the sharp escalation in the cost of fuel. Specifically, the price of diesel recorded a significant jump, rising from 82.5 to 99.5 denars per liter within a span of less than a month.
This represents an overall increase of 17 denars, marking a 20.6% escalation in the fuel price. According to the report, this rate of price appreciation in North Macedonia is notably higher—estimated to be four times greater—than the average increase recorded across comparable European Union nations during the same period. The economic implications of such a steep rise are projected to affect several key sectors.
Elevated costs for diesel fuel are expected to increase operational expenses for the transportation sector, which consequently impacts the cost structure for food items and agricultural production. Furthermore, businesses anticipate higher operational overheads. Analysts suggest that these escalating
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