Inflation Moldova 2003
Average inflation: 11.8%
Current Inflation
Inflation is very high at 11.8%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 17.3%. The lowest inflation was in January at 5.1%.
- Highest month
- October: 17.3%
- Lowest month
- January: 5.1%
- Difference
- 12.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 7.9% lower than the 5-year average of 19.7%.
- 5-year average
- 19.7%
- 10-year average
- 118.1%
- All-time high (1993)
- 1325.8%
- All-time low (2002)
- 5.3%
Trend
Inflation shows an upward trend. Compared to 2002, inflation has risen by +6.5 percentage point.
- Change vs. previous year
- +6.5 percentage points
- Largest monthly swing
- October: +13.0 percentage points
ECB Target
Inflation is 9.8% 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 €111.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 5.1% | -1.4 |
| February | 7.4% | +1.6 |
| March | 7.8% | +1.8 |
| April | 7.4% | +1.0 |
| May | 6.2% | -1.4 |
| June | 11.1% | +6.7 |
| July | 14.2% | +9.5 |
| August | 15.4% | +10.8 |
| September | 16.3% | +11.9 |
| October | 17.3% | +13.0 |
| November | 17.2% | +12.8 |
| December | 15.8% | +11.4 |
| Average | 11.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.