Moldova's annual inflation rate fell to 1.6 percent in October 2020 from 2.3 percent in the previous month. It was the lowest inflation rate since November 2018, as prices slowed for both food (4 percent vs 5.9 percent in September) and services (0.6 percent vs 0.7 percent). Additionally, non-food cost declined 0.4 percent, the same pace as in September. On a monthly basis, consumer prices increased 0.1 percent, rebounding from a 0.3 percent drop in the prior month. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova averaged 6.43 percent from 2007 until 2020, 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 2020.
Inflation Rate in Moldova is expected to be 1.00 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 3.80 in 12 months time. In the long-term, the Moldova Inflation Rate is projected to trend around 6.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.