North Macedonia's industrial production declined by 2.0% year-on-year in May 2026, reversing a 7.6% increase in April. The downturn was mainly driven by mining and quarrying, which fell 3.6% after rising 4.3% in the previous month, and by manufacturing, which contracted 2.6% following a 6.8% expansion. In contrast, the electricity, gas, steam and air conditioning supply sector remained comparatively robust, growing 6.1%, though this marked a notable slowdown from the 22.6% surge recorded in April.
By main industrial groupings, output growth moderated for energy (6.5% vs 17.2% in April) and for intermediate goods excluding energy (3.4% vs 14.1%). Capital goods (-3.3% vs 1.5%) and non-durable consumer goods (-8.4% vs -5.5%) slipped further into contraction, while the decline in durable consumer goods eased to 1.1% from 4.9%.
