Inflation Rate in Moldova increased to a record high of 29.10 percent in May from 27.10 percent in April of 2022. source: National Bureau of Statistics of the Republic of Moldova

Inflation Rate in Moldova averaged 6.73 percent from 2007 until 2022, reaching an all time high of 29.10 percent in May of 2022 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 June of 2022.

Inflation Rate in Moldova is expected to be 31.00 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 8.50 percent in 2023 and 3.00 percent in 2024, according to our econometric models.

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Moldova Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-11 12:30 PM Apr 27.1% 22.2% 24%
2022-06-10 07:00 AM May 29.1% 27.1% 31.7%
2022-07-11 07:00 AM Jun


Related Last Previous Unit Reference
Inflation Rate 29.10 27.10 percent May 2022
Consumer Price Index CPI 3430.98 3250.23 points Apr 2022
Core Inflation Rate 15.40 14.37 percent Apr 2022
Producer Prices 183.60 180.70 points May 2022
Producer Prices Change 26.40 25.30 percent May 2022
Inflation Rate Mom 2.00 5.60 percent May 2022
Food Inflation 30.20 27.00 percent Apr 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
29.10 27.10 29.10 -2.30 2007 - 2022 percent Monthly

News Stream
Moldova Inflation Rate Hits Fresh Record High
The annual inflation rate in Moldova accelerated to an all-time high of 27.1 percent in April of 2022 from 22.2 percent in the previous month as prices climbed further for food (30.2 percent vs 27 percent in March); non-food products (19 percent vs 18 percent) and services (34.4 percent vs 21.4 percent). On a monthly basis, consumer prices surged 5.6 percent, the most since June of 1999.
2022-05-11
Moldova Inflation Rate Hits Fresh Record High
The annual inflation rate in Moldova accelerated to 22.2 percent in March of 2022 from 18.5 percent in the previous month. It was the highest rate since comparable records began in 2007, as prices climbed further for food (27 percent vs 23.3 percent in February); non-food products (18 percent vs 14.9 percent) and services (21.4 percent vs 17 percent). On a monthly basis, consumer prices surged 4.1 percent, the most since June of 2000.
2022-04-11
Moldova Inflation Rate Highest Since 2007
The annual inflation rate in Moldova accelerated to 18.5 percent in February of 2022 from 16.6 percent in the previous month. It was the highest rate since comparable records began in 2007, as prices advanced faster for food (23.3 percent vs 21 percent in January), non-food goods (14.9 percent vs 13.4 percent) and services (17 percent vs 14.8 percent). On a monthly basis, consumer prices rose 2.1 percent, following a 2.8 percent advance in January. Moldova is now facing a humanitarian crisis as it received almost 16000 Ukrainian refugees since the start of the Russian invasion of Ukraine, threatening further the country's economic outlook. Since June last year, Moldova's central bank hiked its policy rate by 785bps to 10.5% in February aiming to curb inflation.
2022-03-10