
Annual inflation in Moldova in February 2025 amounted to 8.6%, which is 0.5 p.p. lower than in January, but it is still above the upper limit of the range of ±1.5 p.p. from the target of 5% - NBM
This is stated in the materials of the National Bank of Moldova regarding the latest decision of its Executive Board to maintain the base rate applied to the main short-term monetary policy operations at 6.5% per annum. As noted, the inflation dynamics in February demonstrate a trajectory similar to that forecast in the first Inflation Review of the year, published by the NBM in February. The National Bank emphasizes that this dynamics was mainly due to the smaller-than-expected impact of compensations on electricity tariffs and a slight upward trend in food prices. At the same time, this positive deviation was partially offset by a decrease in fuel prices. // 20.03.2025 — InfoMarket