Moldova's annual inflation rose to 7.5 percent in December of 2019 from 7.1 percent in the previous month. This was the highest inflation rate since October 2017, as prices continued to advance for both food (12.4 percent vs 11.8 percent in November), of which fresh fruits (52.4 percent vs 49.2 percent) and non-food products (5.2 percent vs 4.6 percent), in particular cigarettes (28.9 percent vs 28 percent). On a monthly basis, consumer prices went up 0.9 percent, after increasing 0.8 percent in the prior month.
Inflation Rate in Moldova averaged 6.56 percent from 2007 until 2019, 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. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova is expected to be 6.90 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 6.50 in 12 months time. In the long-term, the Moldova Inflation Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.