Moldova's annual inflation rate jumped to 1.5 percent in March 2021, from 0.6 percent in the previous month. It was the highest inflation rate since last October, as prices rose at a faster pace for both food (3.0 percent vs 1.8 percent in February) and non-food products (2.3 percent vs 1.2 percent). Meanwhile, cost for services declined 1.9 percent, the same as in February. On a monthly basis, consumer prices increased 1.0 percent in March, following a 0.4 percent advance in February. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova averaged 6.27 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 April of 2021.
Inflation Rate in Moldova is expected to be 2.30 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 4.50 in 12 months time. In the long-term, the Moldova Inflation Rate is projected to trend around 5.50 percent in 2022, according to our econometric models.