The NBM plans to encourage consumption and investment, keeping inflation at 5% on a downward trend.
Călin Nicolescu
Republic of Moldova
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The National Bank of Moldova (NBM) aims to stimulate consumption and investment, keeping inflation at an optimal level of 5%, ±1.5 percentage points. This decision is based on forecasts showing a downward trend in inflation, which reached 8.2% in June 2025. The NBM expects inflation to continue to decline, influenced by supply shocks and adverse weather conditions affecting agricultural production. The effects of the measures will be visible through lower interest rates on loans and deposits.
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