inflation

Despite the huge budget deficit, the National Bank of Ukraine is confident that international aid to the country will be enough to keep the printing press running, Logos Press reported.

Average consumer prices resumed their monthly rise in September, but annual inflation continued its downward trend, Logos Press reported.

The National Bank of Moldova (NBM) takes inflationary measures when inflation is high. The law stipulates that the regulator’s main task is to keep inflation within a specified range. For many decades, this range has been within the limits set for countries with developing economies: 5% per annum ±1.5 percentage points, i.e., between 3.5% and 6.5% per annum.

The growth rates of average salaries in Moldova barely cover their inflationary depreciation, while the cost of labor in different sectors of the economy remains habitually differentiated, Logos Press reports.

Annual inflation continued its downward trend in July at 7.9 percent versus 8.2 percent in June,” Logos Press reported.

The Executive Committee of the National Bank of Moldova (NBM) at its August 7 meeting unanimously reduced the prime rate applied to the main short-term operations of the monetary policy to 6.25% per annum, keeping the mandatory reserve requirement for banks at the current level of 22% of the calculated base – for Moldovan lei and 31% – for convertible currency, – Logos Press reports.

In the period from January to June 2025, in RM, fruits rose in price by 33.7%, vegetables – by18.9%. This is higher than the annual food inflation in the country (9.8%) and, moreover, higher than the general inflation (7.9%),” Logos Press reported, citing the National Bureau of Statistics.

The annual inflation rate was 8.2 percent in June, up 0.2 percent from May and 5.2 percent from the end of last year, Logos Press reported.

At the end of May, inflation in the eurozone fell to 1.9% year-on-year and thus fell within the European Central Bank’s target zone, Logos Press reported.

The Executive Committee of the National Bank of Moldova at its meeting on June 19, 2025 unanimously decided to keep the prime rate at 6.5% per annum, – reports Logos Press.

Average consumer prices in May increased by 7.9% year-on-year, including food products – by 9.7%, non-food products – by 1.8%, services to the population – by 14.5%, – reports Logos Press.

The annual inflation rate in March 2025 amounted to 8.75%. After a small “winter rest”, the index of average consumer prices began a smooth ascent, – reports Logos Press.