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.

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Moldova Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-11 07:00 AM Sep 6.7% 4.6% 5%
2021-11-10 08:00 AM Oct 8.8% 6.7% 6.9%
2021-12-10 08:00 AM Nov 8.8% 9.8%


Related Last Previous Unit Reference
Inflation Rate 8.80 6.70 percent Oct/21
Consumer Price Index CPI 2830.21 2771.41 points Oct/21
Core Inflation Rate 5.70 4.90 percent Sep/21
Producer Prices 146.50 146.10 points Oct/21
Producer Prices Change 7.70 7.80 percent Oct/21
Inflation Rate Mom 2.10 1.70 percent Oct/21
Food Inflation 12.70 8.30 percent Oct/21

News Stream
Moldova October Inflation Rate Highest since 2016
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.
2021-11-10
Moldova September Inflation Rate Hits Over 1-1/2-Year High
Moldova’s annual inflation rate rose for an eighth straight month to 6.7 percent in September of 2021, its highest level since January last year. Prices advanced faster for food (8.3 percent vs 4.8 percent in August), non-food products (8.6 percent vs 6.9 percent) and services (1.5 percent vs 1 percent). On a monthly basis, consumer prices inched up by 1.7 percent, the most since October of 2015.
2021-10-11
Moldova Inflation Rate at Over 1-Year High
Consumer prices in Moldova jumped 4.6 percent year-on-year in August of 2021, following a 3.5 percent increase in the previous month. It was the fastest inflation rate since April of 2020, driven by non-food products (6.9 percent vs 5.5 percent in July), on account of a surge in prices of fuel (18.0 percent vs 17.2 percent) and building materials (18.3 percent vs 14.9 percent); and food articles (4.8 percent vs 4.2 percent), primarily meat and products thereof (7.3 percent vs 6.7 percent) and dairy products (5.6 percent vs 5.1 percent). To a lesser extent, charges of services also went up in August (1.0 percent vs -0.4 percent), underpinned by catering services (3.6 percent vs 2.2 percent) and public transportation (1.6 percent vs 2.0 percent). On a monthly basis, consumer prices went up 0.3 percent, following a 0.1 percent gain in July.
2021-09-10

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).