Producer prices in Moldova rose 1.4 percent year-on-year in April of 2019, accelerating from a 0.8 percent increase in the previous month. It was the highest producer inflation since December, when prices decreased 0.1 percent. Cost advanced faster for all main categories: manufacturing (1.2 percent from 0.7 percent in March); electricity, gas, steam & air conditioning supply (0.2 percent from 0.1 percent) and mining & quarrying (17.8 percent from 6.4 percent). On a monthly basis, producer prices went up 0.6 percent, following a 0.5 percent gain in March. Producer Prices Change in Moldova averaged 7.17 percent from 2000 until 2019, reaching an all time high of 40.30 percent in April of 2000 and a record low of -4.90 percent in March of 2009.
Producer Prices Change in Moldova is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Moldova to stand at 2.20 in 12 months time. In the long-term, the Moldova Producer Prices Change is projected to trend around 2.50 percent in 2020, according to our econometric models.