Moldova's annual inflation rate slowed sharply to 4.1 percent in May 2020, the lowest since April 2019, as prices rose at a softer pace for both food (7.8 percent vs 10.0 percent in April) and non-food products (0.6 percent vs 1.5 percent). Services inflation was little-changed at 3.4 percent, compared to 3.5 percent in April. Core consumer prices, which exclude volatile items such as food and beverages, energy products, products and services with regulated prices, increased by 3.1 percent, the least since December 2018. On a monthly basis, prices rose by 0.2 percent in May, the same pace as in the previous period.
Inflation Rate in Moldova averaged 6.54 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 July of 2020. source: National Bureau of Statistics of the Republic of Moldova
Inflation Rate in Moldova is expected to be 3.90 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 2.00 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.