Moldova’s annual inflation rate climbed to 8.8 percent in October of 2021 from 6.7 percent in the previous month. That was the highest rate since March of 2016, amid an acceleration in prices of food (12.7 percent vs 8.3 percent in September), particularly vegetables (41 percent), vegetable oil (36.4 percent) and eggs (26.4 percent). Additional upward pressure came from costs of non-food products (10 percent vs 8.6 percent), of which fuels (29.1 percent) and services (1.6 percent vs 1.5 percent). On a monthly basis, consumer prices increased by 2.1 percent, the most since August of 2015. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova averaged 6.21 percent from 2007 until 2021, 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 December of 2021.
Inflation Rate in Moldova is expected to be 10.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Moldova Inflation Rate is projected to trend around 4.80 percent in 2022 and 3.00 percent in 2023, according to our econometric models.