Tag: inflation

Anca Dragu: Inflation Collapse in Moldova Helped by EU After Russia Fallout

Moldova's central bank chief, Anca Dragu, highlighted the significant positive impact on the country's economy following a decisive shift away from Russian energy sources. The nation, situated between Ukraine and Romania and...

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...

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