Producer prices in Moldova increased 0.4 percent year-on-year in January of 2018, rebounding from a 0.1 percent fall in December. It is the highest producer inflation in nine months as cost rose faster for mining and quarrying (7.9 percent from 5.5 percent in December) and recovered for manufacturing (0.3 percent from -0.2 percent). On the other hand, producer inflation slowed for production and supply of electricity and heat, gas, hot water and air conditioning (0.1 percent from 0.3 percent). On a monthly basis, producer prices rose 0.5 percent from 0.1 percent in December. Producer Prices Change in Moldova averaged 7.26 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 -0.30 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 0.30 in 12 months time. In the long-term, the Moldova Producer Prices Change is projected to trend around 1.20 percent in 2020, according to our econometric models.