actual -7.9, previous -1.6
The event is the Industrial Production Year-over-Year (YoY) for the month of September in North Macedonia (country code: MK). The actual YoY change in industrial production was -7.9%, which is a decrease from the previous value of -1.6%. The estimate for this indicator was -2.4%, indicating that the actual result was lower than expected.
This event is considered to have a low impact on the market, as it reflects a significant decline in industrial production compared to the previous period. A YoY decrease of -7.9% suggests a contraction in the industrial sector in North Macedonia during September. This data point can provide insights into the overall economic activity and performance of the industrial sector in the country.