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Average annual inflation is expected to be 5% in 2026 and 4.5% in 2027 - the NBM

Average annual inflation is expected to be 5% in 2026 and 4.5% in 2027 - the NBM

13.02.2026

This forecast is contained in this year's first Inflation Report, presented by the National Bank of Moldova (NBM) on February 13. Compared to the previous Inflation Report, the current inflation forecast has been revised upward until the end of this year (+0.7 p.p.) and downward (-0.1 p.p.) in 2027, especially for the second and third quarters. The annual inflation rate will decline in the first quarter of 2026, after which it will remain relatively stable until the end of this year (within the range of 4.9-5.1%), and will decline slightly at the beginning of next year (4.7%), then...
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