The annual inflation rate in Moldova slowed 30.2 percent in December of 2022, following a 31.4 percent rise in the prior month. It was the lowest reading since May, as prices rose at a slower pace for food (31.8 percent vs 33.1 percent in November), non-food products (19.9 percent vs 21.2 percent) and services (44 percent vs 44.7 percent), notably hot-water supply (12.5 percent vs 49.1 percent) and central heating (6.5 percent vs 48.5 percent). On a monthly basis, consumer prices went up 0.8 percent, the lowest in sixteen months, after a 1.02 percent gain in the previous month. source: National Bureau of Statistics of the Republic of Moldova

Inflation Rate in Moldova averaged 7.68 percent from 2007 until 2022, reaching an all time high of 34.62 percent in October of 2022 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 January of 2023.

Inflation Rate in Moldova is expected to be 24.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Moldova Inflation Rate is projected to trend around 8.50 percent in 2024 and 3.00 percent in 2025, according to our econometric models.

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Moldova Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-12 08:00 AM Nov 31.41% 34.62% 35%
2023-01-11 08:00 AM Dec 30.24% 31.41% 29.5%
2023-02-10 08:00 AM Jan 30.24%


Related Last Previous Unit Reference
Inflation Rate 30.24 31.41 percent Dec 2022
Consumer Price Index CPI 3878.25 3849.17 points Dec 2022
Core Inflation Rate 18.50 19.50 percent Dec 2022
Producer Prices 204.60 202.00 points Dec 2022
Producer Prices Change 27.60 28.10 percent Dec 2022
Inflation Rate MoM 0.76 1.02 percent Dec 2022
Food Inflation 31.80 33.09 percent Dec 2022

Moldova Inflation Rate
In Moldova, the Consumer Price Index (CPI) is divided in three main groups: Non-Food, accounting for 36 percent of total weight; Food, which represent 38 percent and Services making up the remaining 26 percent. The most important food items are meat (8 percent), milk & dairy products (5 percent), vegetables (4 percent), fruits (3 percent), and bread (2 percent). The non-food items are mainly composed of fuels (6 percent), clothing (4 percent), medical products (3 percent) and footwear (2 percent); and services include housing (9 percent), utilities (7 percent) and transportation (3 percent).
Actual Previous Highest Lowest Dates Unit Frequency
30.24 31.41 34.62 -2.30 2007 - 2022 percent Monthly

News Stream
Moldova Inflation Rate Eases to 7-Month Low
The annual inflation rate in Moldova slowed 30.2 percent in December of 2022, following a 31.4 percent rise in the prior month. It was the lowest reading since May, as prices rose at a slower pace for food (31.8 percent vs 33.1 percent in November), non-food products (19.9 percent vs 21.2 percent) and services (44 percent vs 44.7 percent), notably hot-water supply (12.5 percent vs 49.1 percent) and central heating (6.5 percent vs 48.5 percent). On a monthly basis, consumer prices went up 0.8 percent, the lowest in sixteen months, after a 1.02 percent gain in the previous month.
2023-01-11
Moldova Inflation Rate Eases in November
The annual inflation rate in Moldova eased 31.4 percent in November of 2022, following a record 35 percent surge in the prior month, as prices slowed for services ( 44.7 percent vs 52.7 percent in October), notably housing services (93.4 percent vs 125.9 percent), food (33.1 percent vs 36.2 percent), namely vegetable oil (9.7 percent vs 15.1 percent) and non-food products (21.2 percent vs 21.8 percent). On a monthly basis, consumer prices went up 1.02 percent, the lowest in three months, after a 2.62 percent gain in the previous month.
2022-12-12
Moldova Inflation Rate Hits Fresh Record High
The annual inflation rate in Moldova climbed further to 35 percent in October of 2022 from 34 percent in the prior month. It was the highest inflation since comparable records began in January of 2007, as prices accelerated for services (52.7 percent vs 47.2 percent in September), notably housing services (125.9 percent vs 104.6 percent). On the other hand, inflation eased slightly for both food (36.2 percent vs 37.1 percent) and non-food products (21.8 percent vs 22.4 percent). On a monthly basis, consumer prices surged by 2.62 percent, following a 1.43 percent raise in the previous month.
2022-11-10