Tag: inflation
Governor Armasu about inflation in Moldova and Leu appreciation
The NBM (National Bank of Moldova) anticipates a further reduction in credit interest rates and considers that the maintained basic refinancing rate at 6% per annum is appropriate to the current situation...
Inflation Reaches 13.2% in May 2023: Prices Soar for Food, Goods, and Services
According to data released by the National Bureau of Statistics (NBS) and reported by bani.md, the annual inflation rate in May 2023 reached 13.2% in the Republic of Moldova. The prices of...
Moldova will have one of the lowest economic growth in the region in 2023 – World Bank
The World Bank improved the GDP growth forecast for the Republic of Moldova in 2023 by 0.2 pp - from 1.6% to 1.8%, but maintained the economic growth forecast in 2024 at...
Inflationary Rhythms Taper Off: Prices Rose by 18% in April
According to data released by the National Bureau of Statistics, inflationary pressures in the economy have shown signs of moderation, although prices continue to rise at a substantial rate. In the month...
The NBM forecasts are confirmed. The inflation rate is decreasing for the third month in a row
The annual inflation rate reached 27.3% in January 2023, after falling to 30.2% in December 2022 from 31.4% in November 2022.The deceleration will continue at an even faster pace, so that average...
Natalia Gavrilița: Inflation does not help economic growth, but sometimes it is the result of it
Inflation does not help economic growth, although sometimes it is the result of economic growth. Inflation creates more uncertainty for economic agents, said Prime Minister Natalia Gavrilița during the Vocea Bessarabiei...
Inflation in Moldova. 30% increase in consumer price in 2022
Average consumer prices in December 2022 compared to December 2021 (in the last 12 months) increased by 30.2%, including food products by 31.8%, non-food goods by 19.9%, and services provided to the...
Dark clouds are gathering over Moldova’s economy. IMF: Prices erode incomes
Between October 31 and November 29, 2022, a mission of the International Monetary Fund (IMF) led by Mr. Ruben Atoyan held discussions in Chisinau and then remotely with the authorities of the...