Moldova Producer Price Growth Inches Up to 0.3% in September
Producer prices in Moldova rose slightly in September 2026, with annual producer price inflation reaching 0.3% compared to 0.2% in August. On a month-over-month basis, wholesale prices remained flat following a 0.1% increase in the previous month.
The slight acceleration in annual wholesale inflation was propelled by gains in the manufacturing sector, where prices increased by 1.3% compared to 1.2% in August. Key drivers included faster price increases in refined petroleum products, which climbed to 4.0%, and printing services, which reached 2.0%. Food product prices also advanced to 1.4%, while tobacco gains rose to 1.2%. Mining and quarrying experienced an even sharper increase, rising 9.2% year-on-year after an 8.1% uptick in August.
Deflation in the utility sector helped temper overall factory-gate price pressures. Costs for electricity, gas, steam, and air-conditioning supply stayed down by 12.9% year-on-year, mirroring August levels. Electricity production costs remained depressed at a negative 21.4%, while power generation and air-conditioning costs dropped 14.1% and 10.7%, respectively. Investors and policymakers will monitor whether manufacturing momentum continues to build or if steady energy cost relief keeps broader industrial inflation contained in the coming months.
Key points
- Moldova annual producer price growth increased to 0.3% in September 2026 from 0.2% in August.
- Manufacturing price inflation accelerated to 1.3% year-on-year, led by petroleum and food products.
- Mining and quarrying sector costs jumped 9.2% compared to the same period last year.
- Utility supply costs stayed in deep deflation, holding steady at a 12.9% annual decline.
- Month-over-month producer prices were completely flat in September after rising 0.1% in August.
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What was Moldova's producer price inflation in September 2026?
Moldova's annual producer price index rose to 0.3% in September 2026, up slightly from 0.2% in August. On a monthly basis, prices were unchanged.
Which sectors drove price increases in Moldova in September 2026?
Price growth was led by mining and quarrying, which jumped 9.2% year-on-year, alongside manufacturing gains in refined petroleum, food products, and tobacco.
How did energy and utility costs impact Moldova's September producer prices?
Utility supply costs declined 12.9% year-on-year in September, driven by lower electricity production and power generation costs, offsetting inflation in other sectors.