Evolution of consumer prices in the Republic of Moldova in April 20231
National Bureau of Statistics informs that average consumer prices in April 2023 compared to March 2023 increased by 2,2%.
The increase in average consumer prices was determined by the increase in prices at:
- food products by 0,7%, contributing to the increase of average consumer prices by 0,3%;
- non-food goods by 0,4%, contributing to the increase of average consumer prices by 0,1%;
- services provided to the population by 7,5%, contributing to the increase of average consumer prices by 1,8%.
In April 2023 compared to March 2023, from food products, more pronounced increases in average consumer prices were marked for fruit - by 4,1% (including: exotic fruits - by 5,1%), vegetables - by 1.5%. At the same time, during the analysis period, price reductions were recorded for vegetable oil - by 5,3% and chicken eggs - by 2,6%.
In non-food goods in April 2023 compared to March 2023, average prices for fuels and combustibles decreased by 1,5% (including: diesel - by 5,1%, liquefied gas – by 3,8%).
The average prices for services provided to the population in April this year compared to March 2023 they increased by 7,5%, in particular for gas supply and thermal energy, for which, as of April 2023, there are no longer compensation granted by the Government for the payment of energy bills for domestic consumers during the cold period of the year (November 2022 - March 2023)2.
Annual inflation
Average consumer prices in April 2023 compared to April 2022 (in the last 12 months) increased by 18,1%, including food products by 16,4%, non-food goods by 10,6% and services provided to the population by 33,2%.
Table 1. Inflation rate in April 20233
Consumer goods and services | Weights of expenditure groups4 | April 2023, | Contribution on the overall change in consumer price in April 2023 | ||
March 2023 | December | April 2022 | |||
Total CPI | 10000 | 2,2 | 4,5 | 18,1 | 2,2 |
Food goods | 3669 | 0,7 | 4,1 | 16,4 | 0,3 |
Non-food goods | 3932 | 0,4 | 1,0 | 10,6 | 0,1 |
Services2 | 2399 | 7,5 | 10,9 | 33,2 | 1,8 |
Source of data in .xlsx format
Table 2. Consumer price indices in April 2023, by divisions of consumer
goods and services, according to COICOP
Division | Specification | Weights of expenditure groups (by decimails) | April 2023, in % | Contribution on the overall change in consumer price | ||
March | December | April | ||||
| Total CPI | 10000 | 102,2 | 104,5 | 118,1 | 2,2 |
01 | Food and non-alcoholic beverages | 3504 | 100,7 | 104,1 | 116,5 | 0,2 |
02 | Alcoholic beverages and tobacco | 355 | 105,0 | 112,1 | 120,9 | 0,2 |
03 | Clothing and footwear | 887 | 100,5 | 101,1 | 110,7 | 0,0 |
04 | Housing, water, electricity, gas and other fuels | 1190 | 114,3 | 120,7 | 159,4 | 1,7 |
05 | Furnishings, household equipment and routine household maintenance2 | 864 | 100,4 | 102,3 | 113,0 | 0,0 |
06 | Health | 728 | 100,5 | 100,7 | 105,1 | 0,0 |
07 | Transport | 996 | 99,0 | 97,0 | 109,0 | -0,1 |
08 | Communication | 452 | 100,0 | 99,9 | 102,1 | 0,0 |
09 | Recreation and culture | 274 | 99,6 | 96,7 | 108,8 | 0,0 |
10 | Education | 116 | 100,0 | 106,2 | 122,0 | 0,0 |
11 | Restaurants and hotels | 278 | 100,2 | 101,6 | 115,2 | 0,0 |
12 | Miscellaneous goods and services | 357 | 102,1 | 105,2 | 117,7 | 0,1 |
Source of data in .xlsx format
Notes:
1 The information is presented without the data on districts from the left side of the Dniester River and the municipality of Bender.
2 For estimating the effective average tariffs for energy resources. the compensations granted by the Government for the payment of energy bills to household consumers during the cold period of the year (November 2022-March 2023).
3 Table 1 includes information on the inflation rate on 3 major groups of goods and services. as well as on some representative groups. aggregated according to the national classification used to calculate the CPI:
- the major group "Food products" includes milling and bakery products. meat. meat preparations and preserves. fish and preserved fish. milk and dairy products. eggs. fats. fresh fruit. other fruit and preserves. vegetables. potatoes. sweets and spices. non-alcoholic beverages. alcoholic beverages.
- the major group "Non-food goods" includes cigarettes. fabrics. clothing. knitting. footwear. furniture. means of transport and auto parts. printed publications. fuels and fuels. other goods.
- the major group "Services" includes education and training. communal-housing services. public food. health. car repair services. transport services. other services.
4 Starting from January 2023. the CPI calculations are made using the weighting coefficients calculated on the basis of the data for the year 2021.
More details can be obtained in:
Relevant information:
- Elizaveta TodicăHead of Division
Consumer Price Statistics Division
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