Year-on-year, consumer price inflation in November slowed to 8.5% from 9.8% in October, the bureau said in a statement.
Cumulative inflation for January-November of 2008 was 7.5% versus 12.1% a year earlier.
Moldova's November consumer prices, pct change:
M/M | Y/Y | |
TOTAL | 0.0 | +8.5 |
Food prices | 0.0 | +8.0 |
Non-food prices | -0.6 | +4.2 |
Services | +1.1 | +16.2 |
Earlier this week the International Monetary Fund cut its end-2008 inflation forecast for Moldova to 9.0% from 11.5%. The government has forecast year-end inflation of 11.5% for 2008, compared to 13.1% in 2007.