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Tuesday, Macedonia's State Statistical Office announced that the consumer price index or CPI dropped 1.3% year-over-year in July, compared with a 1.7% fall in the previous month.
On a monthly basis, the CPI declined 0.5% in July.
For the January to July period, consumer prices dropped 0.1% compared to the same period of the previous year.
Meanwhile, the retail price index dropped 2.2% annually in July, after falling 2.4% in June. Retail prices rose 0.1% compared to the preceding month. For the first seven months of the year, retail prices were down 1% over a year ago.
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