THE GLOBAL PULSE OF FOOD & AGRICULTURETürkçe ↗
Moldova

Food prices in Moldova increase by more than 6% in one year

Annual inflation in Moldova rose to 10.8% in October, according to data from the National Bureau of Statistics. During the same period, the prices of food products increased by more than 6% compared to the previous year. Price increases led to a growing share of food, bills and transportation in household budgets, while consumers were able to purchase fewer products and services with the same income.

Food prices in Moldova increase by more than 6% in one year — source image
Photo: ProTV Chisinau

The highest price increases in the food group were observed in vegetables and fruits. Vegetable prices rose by approximately 16%, and fruit prices increased by more than 9%. The prices of bread and vegetable oil increased by more than 6%, while milk and dairy products saw an increase of about 6%. Price increases were also recorded in eggs, meat and meat products.

Price increases accelerated not only on an annual basis but also on a monthly comparison. In October, consumer prices rose by an average of 2.7% compared to September. Economic expert Marin Gospodarenco stated that rising prices leave less money in family budgets and that the state should take concrete measures to support the population. If price pressures do not significantly ease, inflation could reach 12% by the end of the year, the rate of increase in 2027 could slow down, but prices are not expected to return to previous levels, he said.

Sources

English translation of AgroAjans’s Turkish report. Original publishers are linked above.

More from around the world

Latest news →