Economist Veaceslav Ionita expects inflation near 9% this year
Economist Veaceslav Ionita says inflation in Moldova this year could approach 9% or exceed it, driven by higher energy prices.
Written later, from the reports of that day.
What it means for you
If energy bills rise, employees may ask for higher wages, and companies may raise prices for goods and services. Ionita says this chain effect could reach products that have nothing to do with energy. Official statistics show an average, which does not always reflect what a family pays.
What happened
Economist Veaceslav Ionita warns that inflation in Moldova this year could come close to 9%. The pressure comes mainly from petroleum products, gas and heating in the cold season. He says higher energy prices could spread to wages and to the prices of other goods and services.
Video
Video from Realitatea.mdVideo on Realitatea.mdIn short
- Ionita estimates inflation this year will be in the 7-9% range, closer to 9%.
- According to the economist, Moldova buys gas on average about 30% more expensive than Europe, but prices must be compared for the same periods.
- He says the price pressure is concentrated on energy in the cold part of the year.
- Ionita calls the chain effect of price rises the "echo of inflation".
Original sources
- Scumpirile nasc alte scumpiri! Prețurile mari la energie vor împinge în sus prețurile din întreaga economie · in RomanianRead it on Bani.md
- Expert: Un nou val de scumpiri amenință Moldova, energia ar putea declanșa un efect în lanț · in RomanianRead it on Realitatea.md
- Ioniță: Creșterea prețurilor la energie va declanșa un nou val de scumpiri în Moldova · in RomanianRead it on Point.md
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