According to the National Bureau of Statistics (NBS), on an annualized basis (by February 2025), producer prices decreased by 5.4%. The decrease in producer prices in Moldova’s energy sector in February 2026 was most pronounced in the electricity, gas, steam and air conditioning sector.
The decrease in production costs has already started to be reflected in the tariffs for the population, although unevenly across different types of resources. On February 4, 2026, a new reduced tariff for natural gas for household consumers came into force – 14.42 lei per cubic meter (including VAT). February receipts were calculated at two rates: the old rate (for the first three days of the month) and the new one.
The average electricity purchase price in February decreased to 123.80 EUR/MWh (for comparison, in December 2025 it was 132.57 EUR/MWh). Despite the 5.6% drop in wholesale prices, suppliers (Premier Energy and FEE Nord) filed tariff adjustment requests in mid-February, which triggered discussions on the feasibility of tariff increases amid falling costs. Also in late February, NRATI adjusted fixed prices for energy from renewable sources.
Price dissonance
Manufacturing output prices in other sectors are nevertheless on the rise, in stark contrast to falling prices in the energy sector. The NBS reports that in February 2026, industrial producer prices rose by 2.2% year-on-year overall.
In the extractive industries, producer prices rose by 4.8%. In manufacturing, there was an increase of 2.9%, especially in food production (+3.7%).
According to another classification, in the key sub-sectors of the Moldovan economy, the changes since the beginning of the year are not so noticeable. In the consumer goods sector and in the capital goods sector, prices increased by 0.3% each, in the intermediate goods sector (excluding energy) – by 0.1%.
Notably, prices fell 5.3% in energy-related activities and goods. Meanwhile, in the durable goods industry, selling prices remained at the January 2026 level.
