Cost of food in Moldova increased 2.20 percent in December of 2018 over the same month in the previous year. Food Inflation in Moldova averaged 7.92 percent from 2004 until 2018, reaching an all time high of 24.60 percent in May of 2008 and a record low of -9.80 percent in May of 2009.
Food Inflation in Moldova is expected to be 6.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Moldova to stand at 7.00 in 12 months time. In the long-term, the Moldova Food Inflation is projected to trend around 8.00 percent in 2020, according to our econometric models.