NBM revises the 2017 inflation projection up by 1.6 p.p. from 5.2% to 6.8%.
The inflation projection for 2018 was revised up by 0.2 p.p. from 4.9% to 5.1%. The new projection was included in the 2nd inflation review of 2017, which was approved by the NBM Executive Committee to be presented by NBM President Sergiu Cioclea on May 4. At the press conference the NBM President is going to provide more details about the macro-economic situation in Moldova, the mid-term inflation projection and risks and challenges facing the monetary policy in the quarters to come. According to NBM experts, the annual inflation rate will be growing till Q4, 2017 to be slowing then till the ...