NBM Reduces Forecasted Level of Inflation in Moldova
OREANDA-NEWS. August 04, 2010. According to the National Bank of Moldova (NBM), the reduction of the forecasted level of inflation for 2010 is a result of lower inflationary pressure than it was earlier expected by former prognosis in May 2010.
The inflationary pressure in Moldova in 2011 is to be the same in its nature and intensiveness as in 2010. And by the end of 2012 the annual level of inflation is expected to reach 5%. It is expected that the core inflation in 2010 will make up 6%, and by the end of 2012 will reduce up to 3,5%.
The International Monetary Fund forecast for 2010 the level of inflation of Moldova at 9,3%, and in 2011 – at 6%.
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