OREANDA-NEWS. April 28, 2014. More detailed mid-term inflation projections, the assessment of the macro-economic situation, risks and challenges facing the monetary policy will be presented in the NBM’s 2nd inflation review on May 5.

The review was approved by the NBM Administrative Board. Earlier, the National Bank of Moldova revised its inflation projection up by 0.7 p.p. to 5.4% for 2014 and up by 0.5 p.p. to 4.8% for 2015.

Over 8 quarters, the annual inflation rate is expected to stay within the target of 5% ± 1.5 p.p., President of NBM Dorin Dragutanu said. In 2013, the inflation in Moldova amounted to 5.2%. Withholding the inflation was beneficial for investors and ordinary people, boosting the domestic economy and maintaining the stable and predictable macro-economic environment.