October 17, 2023

Consumer price indices in the Republic of Moldova  in September 2023

National Bureau of Statistics informs that average consumer prices in September 2023 increased compared to:
  • August 2023 by about 0,5%
  • December 2022 (cumulative, since the beginning of the current year) by 4,0%
  • September 2022 (over the last 12 months) by 8,6%.

Monthly inflation

The National Bureau of Statistics informs that average consumer prices in September 2023 compared to August 2023 increased by about 0,5% (informative: in September 2022 compared to August 2022, average prices increased by 1,4%).

The increase in average consumer prices was driven by the increase in prices of:

– food products by about 0,4%, contributing to the increase in average consumer prices by 0,2%

– non-food goods by about 0,4%, contributing to the increase in average consumer prices by 0,2%

– services by 0,6%, contributing to an increase in average consumer prices of 0,1%.

In September 2023 compared to August 2023, among food products, higher increases in average consumer prices were marked in chicken eggs – by 4,3%, fruit – by 2,7%, vegetables – by 0,9%. At the same time, during this period, price decreases were recorded for vegetable oil – by 3,0%, sugar – by 0,8%.

In non-food goods, average consumer prices of fuels and combustibles increased in the reporting period – by 1,9% (including diesel – by 5,5% and gasoline – by 2,0%), clothing – by 0,7%.

At the same time, for services provided to the population, in September 2023 compared to August 2023, increased the prices of education – by 6,7% (payment for study contracts at universities/colleges), passenger transport services – by 2,4% and water supply and sewerage services – by 2,2%.

Inflation since the beginning of the year

Average consumer prices in September 2023 compared to December 2022 (from the beginning of the current year) increased by 4,0%, including food – by 2,6%, non-food goods – by 2,9% and services – by 7,7%.

Annual inflation

Average consumer prices in September 2023 compared to September 2022 (over the last 12 months) increased by 8,6%, including food by 8,2%, non-food by 5,0% and services by 14,9% .

Source: The National Bureau of Statistics of Moldova
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