Inflation Moldova 2022
Average inflation: 28.6%
Current Inflation
Inflation is very high at 28.6%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 34.6%. The lowest inflation was in January at 16.6%.
- Highest month
- October: 34.6%
- Lowest month
- January: 16.6%
- Difference
- 18.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 66.4%. The lowest price increase was in Food with an average of 32.6%.
- Highest increase
- Energy: 66.4%
- Lowest increase
- Food: 32.6%
Historical Context
Current inflation is 19.5% higher than the 5-year average of 9.1%. This approaches the highest level since records began (28.6% in 2022).
- 5-year average
- 9.1%
- 10-year average
- 7.8%
- All-time high (2022)
- 28.6%
- All-time low (2009)
- 0%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +23.5 percentage point.
- Change vs. previous year
- +23.5 percentage points
- Largest monthly swing
- July: +30.0 percentage points
ECB Target
Inflation is 26.6% 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 €128.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 16.6% | +16.4 |
| February | 18.5% | +17.9 |
| March | 22.2% | +20.7 |
| April | 27.1% | +24.3 |
| May | 29.0% | +25.9 |
| June | 31.8% | +28.6 |
| July | 33.5% | +30.0 |
| August | 34.3% | +29.7 |
| September | 34.0% | +27.3 |
| October | 34.6% | +25.8 |
| November | 31.4% | +19.0 |
| December | 30.2% | +16.3 |
| Average | 28.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.