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.

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Moldova Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.10 16.90 -2.30 2007 - 2019 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-10 07:00 AM Sep 6.3% 5.5% 5.3%
2019-11-11 08:00 AM Oct 6.8% 6.3% 6.5%
2019-12-10 08:00 AM Nov 7.1% 6.8% 7%
2020-01-13 08:00 AM Dec 7.5% 7.1% 6.8%
2020-02-12 08:00 AM Jan 7.5% 6.4%


News Stream
2019-12-10
Moldova Inflation Rate Rises to Near 2-Year High
Moldova's annual inflation rose to 7.1 percent in November of 2019 from 6.8 percent in the previous month. It was the highest inflation rate since December 2017, as food prices advanced faster (11.8 percent from 10.7 percent in October). On the other hand, cost slowed for non-food products (4.6 percent vs 4.7 percent) and services (3.5 percent vs 3.6 percent). On a monthly basis, consumer prices went up 0.8 percent, after a 0.9 percent gain in October.

2019-11-11
Moldova October Inflation Rate Rises to Near 2-Year High
Moldova's annual inflation rose to 6.8 percent in October 2019 from 6.3 percent in the previous month. It was the highest inflation rate since December 2017, as prices advanced further for food (10.7 percent from 9.3 percent in September) and non-food (4.7 percent from 4.6 percent). On the other hand, cost of services slowed (3.6 percent from 3.7 percent). On a monthly basis, consumer prices went up 0.9 percent, after a 0.8 percent gain in September.

2019-10-10
Moldova Inflation Rate Climbs to Near 2-Year High
Moldova's annual inflation rose to 6.3 percent in September 2019 from 5.5 percent in the previous month. That was the highest rate since December 2017, as prices increased at a faster pace for food (9.3 percent vs 8.3 percent) and services (3.7 percent vs 2.2 percent). Meanwhile, non-food inflation eased to 4.6 percent from 4.8 percent.

2019-09-10
Moldova Inflation Rate at Over 1-Year High of 5.5%
The annual inflation rate in Moldova increased to 5.5 percent in August of 2019 from 5.4 percent in the previous month. It was the highest inflation rate since January of 2018, as cost advanced faster for non-food products (4.8 percent vs 4.6 percent in July) and services (2.2 percent vs 1.4 percent). Meanwhile, food products prices slowed (8.3 percent vs 8.6 percent). On a monthly basis, consumer prices showed no growth, after decreasing 0.2 percent in July.

2019-08-09
Moldova Inflation Rate at 19-Month High of 5.4%
The annual inflation rate in Moldova increased to 5.4 percent in July of 2019 from 4.4 percent in the previous month. It was the highest inflation rate since January of 2018, as cost advanced faster for food products (8.6 percent from 7.3 percent in June) and non-food products (4.6 percent from 4.4 percent). In addition, prices of services rebounded (1.4 percent from -0.3 percent). On a monthly basis, consumer prices went down 0.2 percent, the same as in June.

2019-07-10
Moldova Inflation Rate Slows to 4.4% in June
The annual inflation rate in Moldova dropped to 4.4 percent in June 2019 from 4.6 percent in the previous month. Prices advanced at a slower pace for food products (7.3 percent vs 8 percent in May), led by vegetables (28 percent vs 45.8 percent) and eggs (-7 percent vs 7.4 percent); and fell for services (-0.3 percent vs 0.1 percent). In contrast, cost rose further for non-food products (4.4 percent vs 4 percent). On a monthly basis, consumer prices went down 0.2 percent, after increasing 1.4 percent in the previous month.


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).

Moldova Prices Last Previous Highest Lowest Unit
Inflation Rate 7.50 7.10 16.90 -2.30 percent [+]
Consumer Price Index CPI 2603.41 2581.14 2603.41 118.90 points [+]
Core Inflation Rate 6.90 6.20 14.60 2.30 percent [+]
Producer Prices 133.00 132.80 133.00 96.60 points [+]
Inflation Rate Mom 0.90 0.80 240.10 -3.50 percent [+]
Producer Prices Change 2.60 2.50 40.30 -4.90 percent [+]
Food Inflation 12.40 11.80 24.60 -9.80 percent [+]