National Bureau of Statistics of the Republic of Moldova

03/10/2023 | Press release | Distributed by Public on 03/10/2023 02:08

NEWEvolution of consumer prices in the Republic of Moldova in February 2023

Evolution of consumer prices in the Republic of Moldova in February 20231

10.03.20238Print

National Bureau of Statistics informs that average consumer prices in February 2023 compared to January 2023 increased by 0,9% (compared to 2,1% in the same month of 2022). The increase in average consumer prices was determined by the increase in prices of:

  • food by 1,1%, contributing to the increase in average consumer prices by 0,4%;
  • non-food goods by 0,3%, contributing to the increase in average consumer prices by 0,1%;
  • services provided to the population by 1,7%, contributing to the increase in average consumer prices by 0,4%.

For non-food goods, in February 2023 compared to January 2023, the average prices of medicines - by 0,8% and construction materials - by 0,5% increased moderately.

The average prices for fuels and fuels decreased by 0,8% (including: diesel - by 4,6%, coal - by 2,4%).

The average prices for services provided to the population2 in February this year compared to January 2023 they increased by 1,7%. The increase in prices for services provided to the population was mainly determined by the increase in average prices (tariffs) for electricity2,3 (by 15,7%), as well as for drinking water supply and sewage services (by 3,7%).

Table 1.Inflation rate in February 20233

Consumer goods and services

Weights of expenditure groups4

February 2023, in %

compared to:

Contribution on the overall change in consumer price in February 2023
compared with the January 2023

January

2023

December
2022

February2022

Total CPI

10000

0,9

1,4

25,9

0,9

Food goods

3669

1,1

2,3

26,5

0,4

Non-food goods

3932

0,3

0,9

16,3

0,1

Services2

2399

1,7

1,0

40,0

0,4

Table 2. Consumer price indices in February 2023, by divisions of consumer goods and services, according to COICOP

Division

Specification

Weights of expenditure groups (by decimails)

February 2023,
in % compared to:

Contribution on the overall change in consumer price in February 2023 compared with the January 2023

January

2023

December
2022

February

2022

Total CPI

10000

100,9

101,4

125,9

0,9

01

Food and non-alcoholic beverages

3504

101,1

102,3

126,9

0,4

02

Alcoholic beverages and tobacco

355

101,7

105,4

119,5

0,1

03

Clothing and footwear

887

100,1

100,2

111,7

0,0

04

Housing, water, electricity, gas and other fuels

1190

102,8

101,7

168,9

0,3

05

Furnishings, household equipment and routine household maintenance2

864

100,8

101,1

117,6

0,1

06

Health

728

100,4

99,5

105,9

0,0

07

Transport

996

99,6

100,6

128,9

0,0

08

Communication

452

100,0

99,9

104,7

0.0

09

Recreation and culture

274

100,0

95,8

111,6

0,0

10

Education

116

103,9

106,2

129,7

0,0

11

Restaurants and hotels

278

100,6

101,3

120,0

0,0

12

Miscellaneous goods and services

357

101,0

102,2

118,1

0,0

Annual inflation

Average consumer prices in February 2023 compared to February 2022 ( in the last 12 months) increased by 25,9%, including food by 26,5%, non-food goods by 16,3% and services provided to the population by 40,0%.

More detailed information is available in Romanian language.