The annual inflation rate in Moldova decreased to 3.5 percent in August of 2020 from 4.2 percent in the previous month. It was the lowest inflation since April of 2019, as cost slowed for food products (7.6 percent vs 8.1 percent in July) and services (2.1 percent vs 3.8 percent). In addition, prices fell for non-food goods (-0.1 percent vs 0.4 percent). On a monthly basis, consumer prices went down 0.8 percent, after a 0.2 percent drop in July.

Inflation Rate in Moldova averaged 6.49 percent from 2007 until 2020, reaching an all time high of 16.90 percent in May of 2008 and a record low of -2.30 percent in September of 2009. This page provides - Moldova Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: National Bureau of Statistics of the Republic of Moldova

Inflation Rate in Moldova is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Moldova to stand at 3.80 in 12 months time. In the long-term, the Moldova Inflation Rate is projected to trend around 6.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.

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Moldova Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.50 4.20 16.90 -2.30 2007 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-10 07:00 AM May 4.1% 5.25% 5%
2020-07-10 07:00 AM Jun 4.3% 4.1% 3.9%
2020-08-10 07:00 AM Jul 4.2% 4.3% 4.1%
2020-09-10 07:00 AM Aug 3.5% 4.2% 4%
2020-10-09 07:00 AM Sep 3.5% 2.5%
2020-11-10 08:00 AM Oct
2020-12-10 08:00 AM Nov


News Stream
Moldova Inflation Rate at 16-Month Low of 3.5%
The annual inflation rate in Moldova decreased to 3.5 percent in August of 2020 from 4.2 percent in the previous month. It was the lowest inflation since April of 2019, as cost slowed for food products (7.6 percent vs 8.1 percent in July) and services (2.1 percent vs 3.8 percent). In addition, prices fell for non-food goods (-0.1 percent vs 0.4 percent). On a monthly basis, consumer prices went down 0.8 percent, after a 0.2 percent drop in July.
2020-09-10
Moldova Inflation Rate Drops to 4.2% in July
Moldova's annual inflation eased to 4.2 percent in July of 2020 from 4.3 percent in June, as prices slowed for food (8.1 percent vs 8.5 percent). On the other hand, inflation edged higher for both non-food products (0.4 percent vs 0.3 percent) and services (3.8 percent vs 3.5 percent). On a monthly basis, consumer prices went down 0.2 percent, after being flat in the previous month.
2020-08-10
Moldova Inflation Rate Ticks Up to 4.3% in June
Moldova's annual inflation rose to 4.3 percent in June of 2020 from 4.1 percent in the previous month. Prices advanced faster for food (8.5 percent vs 7.8 percent in May) and services (3.5 percent vs 3.4 percent). On the other hand, inflation slowed slightly for non-food products (0.3 percent vs 0.6 percent). On a monthly basis, consumer prices were flat, after increasing 0.2 percent in the prior month.
2020-07-10
Moldova Inflation Rate Eases to 4.1% in May
Moldova's annual inflation rate slowed sharply to 4.1 percent in May 2020, the lowest since April 2019, as prices rose at a softer pace for both food (7.8 percent vs 10.0 percent in April) and non-food products (0.6 percent vs 1.5 percent). Services inflation was little-changed at 3.4 percent, compared to 3.5 percent in April. Core consumer prices, which exclude volatile items such as food and beverages, energy products, products and services with regulated prices, increased by 3.1 percent, the least since December 2018. On a monthly basis, prices rose by 0.2 percent in May, the same pace as in the previous period.
2020-06-10

Moldova Inflation Rate
In Moldova, the Consumer Price Index (CPI) is divided in three main groups: Food, accounting for 40 percent of total CPI; Non-Food, which represent 35 percent and Services making up the remaining 25 percent. The most important food items are meat (8.1 percent), fruits & vegetables (6.2 percent), milk & dairy products (5.5 percent) and bread (2.9 percent). The non-food items are mainly composed of clothing & footwear (5.9 percent) and fuels (5.9 percent); and services include housing (10.5 percent), utilities (8.7 percent) and transportation (2.4 percent).