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The inflation rate will fall below 10% in the fall - Veaceslav Ionita.

The inflation rate will fall below 10% in the fall - Veaceslav Ionita.

According to an analytical commentary published by the economic expert on his website, Moldova has witnessed a rapid decline in the inflation rate in recent months. In October 2022, annual inflation reached 34.6%, the highest level in the last 23 years, and in July 2023 it fell to 10.7%. By May 2023, average food prices had risen by 62% compared to 2020. However, there was deflation in June and July for food. Food prices fell 0.2% in June and 1.2% in July. At the same time, food prices are still 59.4% higher than in 2020. As Veaceslav Ionita notes, Moldova had the lowest inflation rate in history in 2020 - only 0.39%. // 16.08.2023 - InfoMarket.

News on the subject

Moldova will receive an additional $88.4 million grant to co-finance the "Moldova, Emergency Response, Resilience and Competitiveness Development Policy Operation 2" program.
Moldova will receive an additional $88.4 million grant to co-finance the "Moldova, Emergency Response, Resilience and Competitiveness Development Policy Operation 2" program.
Natural gas tariffs for Moldovan household consumers increased on average by 21.03% in January-July 2023, while over the last 12 months - decreased by 2.95%.
Natural gas tariffs for Moldovan household consumers increased on average by 21.03% in January-July 2023, while over the last 12 months - decreased by 2.95%.
Vegetables in Moldova fell in price by an average of 2.97% in January-July 2023, while in the last 12 months (July 2023 to July 2022) - by 25.55%.
Vegetables in Moldova fell in price by an average of 2.97% in January-July 2023, while in the last 12 months (July 2023 to July 2022) - by 25.55%.
The Customs Service submitted for public consultations more than 30 draft regulations aimed at implementing the new Customs Code.
The Customs Service submitted for public consultations more than 30 draft regulations aimed at implementing the new Customs Code.
Moldovan companies interested in establishing partnerships in the German market will receive support.
Moldovan companies interested in establishing partnerships in the German market will receive support.
The Ministry of Finance of Moldova will hold a Gala Financiară (Financial Gala) on August 15 to award the best professionals in the financial system field.
The Ministry of Finance of Moldova will hold a Gala Financiară (Financial Gala) on August 15 to award the best professionals in the financial system field.