The NBM's increase of the base rate from 5% to 7.5% makes government borrowing more expensive, but has had little impact on lending to households so far — Veaceslav Ioniţă
ANRE has put forward for public comment a draft revision of regulated natural gas prices for residential consumers, which could significantly change the cost of gas supplies in the near future. The agency's decision is due to changes in market conditions and rising gas procurement costs; the full version of the article includes details of the proposed adjustment and the supplier's arguments.
The National Bank of Moldova raised its forecast for average annual inflation in 2026 from 7% to 7.2%, and for 2027 from 5.8% to 6.2%
Moldova's July inflation eased back into the central bank's target band, while the latest data also point to a heavier debt burden for the economy and stronger tax collections at the start of the year. At the same time, new figures on trade, energy supply, municipal financing and upcoming regulatory changes suggest several important shifts that market participants will want to track closely.
In Moldova, inflation for January–July 2026 stood at 4.65%, compared with 5.15% for the same period a year earlier
In July, trends in consumer prices varied significantly across a number of countries in Europe and the region, ranging from steady growth to deflation. Moldova was among the countries with negative monthly inflation, while in some countries the decline in prices was even more pronounced, making this comparison particularly revealing for assessing regional trends.
The National Bank of Moldova says recent economic indicators point to a stronger pace of growth in the second quarter, supported by broad-based gains in industry, trade, exports and agriculture. At the same time, the central bank has tightened monetary policy, citing resilient consumer demand and financing trends that could keep inflationary pressures elevated in the near term.
The National Bank of Moldova has warned that the global food market is heading into a new period of upward pressure, as geopolitical tensions, volatile energy prices and weather-related disruptions continue to affect supply chains. The central bank's latest policy decision also signals a tighter monetary stance, reflecting growing inflation risks in the external environment.
Moldova's central bank has revised up its inflation outlook for the next two years and signaled that price pressures are likely to stay elevated for longer than previously expected. The decision came alongside a tighter monetary policy move, with the bank pointing to a mix of domestic and external factors behind the updated forecast.
Annual inflation in Moldova stood at 6.51% in June, marking the third consecutive month that it has remained above the upper limit of the NBM's target range (5% ±1.5 percentage points)
The National Bank of Moldova has lifted its key policy rate to a three-year high, signaling a fresh shift in its monetary stance after a series of earlier adjustments. Market participants will be watching closely for the implications for borrowing costs, inflation expectations and the central bank's next moves.
The National Bank of Moldova (NBM) raised the base rate applied to the main short-term monetary policy operations by another 0.5 percentage points—from 7% to 7.5% per annum
Businesses across the economy are expecting a broadly stable third quarter, with only moderate gains in sales and prices, according to a new survey of company leaders. The outlook varies by sector and company size, while a majority of respondents also point to persistent constraints that continue to weigh on operations.
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