Moldova's annual inflation rate dropped to 2.3 percent in September 2020, the lowest since January 2019, as prices rose at a slower pace for both food (5.9 percent vs 7.6 percent in August) and services (0.7 percent vs 2.1 percent). At the same time, non-food cost dropped 0.4 percent, after being unchanged in the previous month. On a monthly basis, consumer prices declined 0.3 percent, compared to a 0.8 percent fall in August.
Inflation Rate in Moldova averaged 6.46 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 October of 2020. source: National Bureau of Statistics of the Republic of Moldova
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.