Producer prices in Moldova increased 2.7 percent year-on-year in August of 2019, the same as in the previous month. Cost advanced slightly faster for manufacturing (2.7 percent vs 2.6 percent in July); electricity, gas, steam & air conditioning supply (0.0 percent vs 0.2 percent) and mining & quarrying (16.4 percent vs 16.5 percent). On a monthly basis, producer prices showed no growth, after a 0.5 percent rise in July. Producer Prices Change in Moldova averaged 7.09 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 2.40 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 2.30 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.