---
title: "Cheaper energy curbs Moldovan industrial price pressures "
url: https://radiomoldova.md/p/87626/cheaper-energy-curbs-moldovan-industrial-price-pressures
published: 2026-10-19T10:19:07Z
language: en
author: "Elena Munteanu"
section: "Economic"
source: radiomoldova.md
---

# Cheaper energy curbs Moldovan industrial price pressures 

> Moldova’s industrial producer prices held flat in September compared to August, rising just 0.7% over the first nine months of the year, official data showed.

![](https://storage.radiomoldova.md/images/94df4061-bdda-4d01-8610-f14dc0a64898.jpg)

Moldova’s industrial producer prices held flat in September compared to August, rising just 0.7% over the first nine months of the year, official data showed.

Factory-gate costs edged up by 0.3% year-on-year, reflecting subdued production costs across manufacturing, according to the National Bureau of Statistics. The overall stability comes despite diverging sector trends, with plunging energy prices offsetting gains in raw materials.

**Divergent industrial trends**

Mining and quarrying registered the sharpest climb from December 2025 levels, jumping 8.6%, while manufacturing recorded a modest 1.8% increase. In contrast, energy sector costs contracted by 12.8%, providing a critical deflationary buffer for domestic industry.

Intermediate goods excluding energy advanced by 4.4%, while non-durable consumer goods rose 1.2%, durable goods gained 0.8%, and capital goods edged up 0.4%. Broader energy-related activities and goods saw an overall contraction of 12.7%.

**Consumer inflation and winter headwinds**

The subdued producer index stands in sharp contrast to headline consumer inflation, which climbed 1.7% in September to push the annual rate to 8.6%. Consumer prices have already risen 6.6% year to date, with analysts projecting annual inflation to cross 9% before year-end.

Economic expert Veaceslav Ionita noted that the inflation path will largely depend on global commodity markets and potential domestic electricity tariff adjustments. *“Households will face a more difficult winter than in recent years, but without an economic shock comparable to four years ago,”* said Ionita, recalling the 30% inflation peak of 2022.

Translation by **Iurie Tataru**

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