Inflation Moldova 1998

Average inflation: 7.7%

Current Inflation

Inflation is very high at 7.7%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 18.2%. The lowest inflation was in September at 3.1%.

Highest month
December: 18.2%
Lowest month
September: 3.1%
Difference
15.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 208.8% lower than the 5-year average of 216.5%. This approaches the lowest level since records began (7.7% in 1998).

5-year average
216.5%
10-year average
484.2%
All-time high (1993)
1325.8%
All-time low (1998)
7.7%

Trend

Inflation shows a downward trend. Compared to 1997, inflation has fallen by +4.1 percentage point.

Change vs. previous year
-4.1 percentage points
Largest monthly swing
June: -9.2 percentage points

ECB Target

Inflation is 5.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €107.70 next year at this inflation rate.

Multi-year trend

Monthly figures 1998

Month overview

Month Inflation Difference vs. 1997
January 10.4% -2.9
February 9.3% -2.8
March 8.1% -3.9
April 8.0% -3.7
May 7.6% -3.8
June 4.3% -9.2
July 3.9% -8.4
August 4.1% -7.6
September 3.1% -8.3
October 3.6% -7.0
November 11.3% +1.0
December 18.2% +7.1
Average 7.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also