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Annual inflation in Moldova in May amounted to 6.76%, marking the second consecutive month above the upper limit of the NBM's target corridor (5% ±1.5 percentage points)

Annual inflation in Moldova in May amounted to 6.76%, marking the second consecutive month above the upper limit of the NBM's target corridor (5% ±1.5 percentage points)

18.06.2026

This was stated in the National Bank of Moldova's materials regarding the Executive Committee's recent decision to increase the base rate applied to key short-term monetary policy operations by 0.5 percentage points, from 6.5% to 7% per annum. The NBM noted that, in particular, inflation dynamics in the reporting month exceeded the level projected in the Inflation Review for May 2026. This deviation from the forecast was due to a positive deviation in regulated prices, which was partially offset by lower-than-expected growth rates in core inflation, food prices, and fuel prices. //...
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