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The National Bank of Moldova has raised its average annual inflation forecast for 2026 by 2 percentage points, from 5% to 7%, and for 2027, from 4.5% to 5.8%, it expects annual inflation to peak at 8.6% in the fourth quarter of 2026 and to reach a minimum of 4.1% in the fourth quarter of 2027 and the first quarter of 2028

The National Bank of Moldova has raised its average annual inflation forecast for 2026 by 2 percentage points, from 5% to 7%, and for 2027, from 4.5% to 5.8%, it expects annual inflation to peak at 8.6% in the fourth quarter of 2026 and to reach a minimum of 4.1% in the fourth quarter of 2027 and the first quarter of 2028

14.05.2026

This was stated in the second Inflation Review of the year, published by the National Bank of Moldova on Thursday. The upward revision to the annual inflation forecast for 2026 compared to the February Inflation Report reflects an assessment of higher international oil price growth, higher international food prices for the entire comparable period, higher import inflation dynamics in 2026, higher short-term inflation due to the secondary effects of higher fuel prices in the context of the war in the Middle East, and higher-than-expected actual inflation in the first quarter of 2026. The...
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