NBM raises average inflation forecast to 6.9% for 2027
The National Bank of Moldova raised its inflation forecast for 2026 and 2027, and prices will keep rising until the third quarter of 2027.
What it means for you
The NBM expects larger increases in regulated service tariffs in the fourth quarter of 2026 and in the first, second and fourth quarters of 2027. You will pay more for energy and services. Fuel and food prices could also rise.
What happened
The National Bank of Moldova (NBM) raised its forecast of average annual inflation to 7.3% for 2026 and 6.9% for 2027. The monetary policy decision was made on 5 November. The NBM sees the main threat in regulated utility tariffs, which it expects to rise more.
In short
- In September 2026, annual inflation reached 8.6%, 1.64 percentage points above August.
- The forecast for 2027 was raised by 0.7 percentage points compared with the August estimate.
- Inflation is expected to return to normal limits only in the third quarter of 2027.
- The NBM warns that inflation remains vulnerable to the war in Ukraine and the situation in the Middle East.
Original sources
- Inflația scapă de sub control! BNM înrăutățește prognoza: scumpirile vor continua și în 2027 · in RomanianRead it on Bani.md
- Scumpirile nu se opresc nici în 2027: BNM a majorat prognoza inflației pentru anul viitor · in RomanianRead it on Realitatea.md
- BNM înrăutățește prognoza inflației: Scumpirile vor continua și în 2027 · in RomanianRead it on Stiri.md
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