In August, average consumer prices decreased compared to the current July by about 0.1%, marking the further drop of the monthly inflation rate, recorded starting from June. The data were presented by the National Statistics Bureau (BNS) on September 11.
Annual inflation in August, compared to August 2022, was 9.7%, down by 1.1% compared to the level recorded in July.
“Inflation has dropped below 10%. We are at 9.7%. The lowest level in almost the last two years. The main challenge now is not inflation, but to support investment to fuel economic growth. We are doing everything in our power to end the year on a positive note and prepare the economy for next year’s economic growth”, Deputy Prime Minister, Minister of Economic Development and Digitalization Dumitru Alaiba said.
The drop in average consumer prices was determined by the decrease in food prices by about 0.8%. Among food products, more pronounced decreases were recorded for vegetables – by 8.7%, fruits – by 1.5%, sugar – by 1.1% and vegetable oil – by 1%. At the same time, during the analysis period, price increases for chicken eggs were recorded – by 17.2%. (Moldpres/Business World Magazine)