NBM Keeps Its Forecasts as to Inflation in 2010
OREANDA-NEWS. February 27, 2010. The inflation statistics in January 2010 has confirmed the forecasts made earlier by the National Bank of Moldova’s Administrative Board. The NBM keeps its forecasts according to which inflation will remain within 5% plus/minus one percentage point in 2010.
According to the NBM, the current tendencies in the national economy and the analyses of the anti-inflationary factors (devaluation of the common European currency against the US dollar, low demand for credits and others) and inflationary ones (rise in energy resources’ fees, production costs and others) confirm the forecasts published earlier and the latter forecasts differ from the present ones inconsiderably.
The NBM assured that the excess of the state inflation frameworks in 2010 would have a temporary and short-term character and wouldn’t have a considerable impact on the medium-term period. The National Bank of Moldova forecasts the total return of the inflation rate to the interval stated for 2011.
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