News about inflation
Consumer inflation in the U.S. accelerated to 4.2% year-over-year in May—the highest level since April 2023.
In May 2026, average consumer prices in Moldova rose by 6.8% year-over-year and by 4.9% year-to-date. The annual inflation rate in April remained unchanged. In April, annual inflation reached a four-month high following a January low of 4.8%. The data is provided by the National Bureau of Statistics (NBS).
The situation on the global sugar market has begun to change—signs and indications of a global rise in sugar prices have emerged. The impact of trends in the international sugar market on Moldova’s sugar market is limited—due to a high (approximately 75%) basic customs duty and, consequently, limited imports.
Hotels.com has released a ranking of the most affordable five-star hotels in the world. The study is based on internal booking data and takes into account the average cost of staying at premium-class hotels—no more than 200 euros per night.
The eurozone economy shrank by 0.2% in January-March 2026 compared to the previous quarter, according to revised Eurostat data. This is the first decline in eurozone GDP recorded since the fourth quarter of 2022.
House prices in Germany will continue to rise until at least 2028, despite expensive mortgages and weak consumer demand. The main driver will remain the shortage of new housing against the backdrop of high construction costs.
The European Bank for Reconstruction and Development (EBRD) predicts a recession in Romania’s economy in 2026.
Bitcoin fell to a near four-month low on Thursday, continuing its decline amid continued negative market sentiment towards cryptocurrencies: escalating tensions in the Middle East have increased investors’ risk-aversion.
The European Bank for Reconstruction and Development (EBRD) has downwardly revised Moldova’s economic growth forecast for 2026 amid risks caused by the war, energy crisis and instability of international markets.
After a long period of stabilization, consumer prices in Ukraine have resumed growth. According to the National Bank of the country, the cycle of inflation slowdown, which lasted since June 2025, ended in January 2026. This year, the main driver of price growth in the Ukrainian market was a significant rise in the price of energy resources. However, the impact of inflation in the EU is also gradually increasing.
The possible conclusion of a peace treaty between the U.S. and Iran before the meeting of the European Central Bank (ECB), which will be held next week, does not deprive the regulator of the grounds for raising interest rates. This was stated by Pierre Wunsch, head of the Belgian central bank, in an interview with the Financial Times, making it clear that he is strongly in favor of a rate increase.
The fate of the world economy depends on the outcome of the conflict in the Middle East, which is already holding back its growth. In the future, it could trigger recessions and significantly higher inflation, said the Organization for Economic Cooperation and Development (OECD).
Turkish resorts are forced to cut prices and launch large-scale discount offers amid a noticeable drop in tourist demand. Hoteliers are trying in this way to keep the load at the peak of the season, while, according to market participants, the country may lose about 8-10 million dollars daily due to the reduction in tourist traffic.
Moldova will increase by 150 million euros the loan from the European Bank for Reconstruction and Development (EBRD) for the implementation of the V Road Rehabilitation Project, bringing the total amount of financing to 300 million euros. The decision is due to the increase in prices for construction materials and labor.
The indicator significantly exceeded the ECB’s target of 2%. The main reason was energy price inflation, which rose by 10.9% year-on-year. The preliminary data paves the way for an ECB interest rate hike at next week’s meeting. Before the conflict in Iran, inflation in the eurozone was below 2%.
Gold prices declined on Monday, June 1, amid the escalation of the conflict between the United States and Iran. Investors preferred to focus not on geopolitical risks, but on the consequences of rising oil prices, which may push the U.S. Federal Reserve to maintain high interest rates.
Turkey’s economy slowed in the first quarter. The central bank tightened monetary policy to reduce risks associated with the conflict with Iran. The shock caused volatility in the energy market and complicated the Turkish central bank’s efforts to curb inflation. Turkey imports a significant amount of oil and natural gas, making its economy particularly sensitive to changes in global energy prices.
Food inflation in Europe has slowed sharply, but for consumers this has made little difference: prices remain well above pre-pandemic levels. The reason is simple – inflation is slowing, but price hikes are not rolling back.
The debate about whether the orthodox methodology of central banks’ containment of inflationary pressures should be followed in view of the “hard times” in the world is heating up with renewed vigor. Experts are questioning whether the role of money should be given so much importance and when it should be done. And what is more important here – canons or common sense.
Bitcoin rebounded to levels near $74,000 on Friday after falling to a near seven-week low in the previous session. Reports that the U.S. and Iran are close to extending a ceasefire agreement helped improve appetite for riskier assets.
