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FX.co ★ Moldova Producer Prices at Over 1-Year High

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typeContent_19130:::2025-03-20T09:22:05

Moldova Producer Prices at Over 1-Year High

In February 2025, Moldova experienced a 3.4% increase in producer prices compared to the same month the previous year, up from a revised 2.2% increase recorded in January 2025. This represents the second consecutive month of rising producer inflation and the most rapid growth since October 2023. The primary drivers behind this acceleration were higher costs in the sectors of mining and quarrying, which surged to 12.3% from 10.6% in January; electricity, gas, steam, and air-conditioning supply, which jumped to 9.8% from 0.5%; and manufacturing, which inched up to 1.9% from 1.7%. On a month-to-month basis, producer prices increased by 1.1% in February 2025, although this was a deceleration from the revised 2.8% rise observed in the previous month.

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