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. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova averaged 6.19 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 September of 2021.
Inflation Rate in Moldova is expected to be 3.80 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 5.50 percent in 2022, according to our econometric models.