Inflation Moldova 2021
Average inflation: 5.1%
Current Inflation
Inflation is very high at 5.1%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 13.9%. The lowest inflation was in January at 0.2%.
- Highest month
- December: 13.9%
- Lowest month
- January: 0.2%
- Difference
- 13.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.1%. The lowest price increase was in Energy with an average of 1.2%.
- Highest increase
- Food: 7.1%
- Lowest increase
- Energy: 1.2%
Historical Context
Current inflation is around the 5-year average of 4.7%.
- 5-year average
- 4.7%
- 10-year average
- 5.4%
- All-time high (2008)
- 12.9%
- All-time low (2009)
- 0%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.3 percentage point).
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- December: +13.5 percentage points
ECB Target
Inflation is 3.1% 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 €105.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 0.2% | -6.7 |
| February | 0.6% | -5.8 |
| March | 1.5% | -4.4 |
| April | 2.8% | -2.4 |
| May | 3.1% | -0.9 |
| June | 3.2% | -1.1 |
| July | 3.5% | -0.7 |
| August | 4.6% | +1.1 |
| September | 6.7% | +4.4 |
| October | 8.8% | +7.2 |
| November | 12.4% | +11.5 |
| December | 13.9% | +13.5 |
| Average | 5.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.