Kempinski Hotels to invest 70 mln euro in Romania ski resort
UPDATE 1 - Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Serbia posts 47.8 mln euro budget deficit in Jan-Oct
Bulgaria's economy grows 1.8% y/y in Q3 - prelim data
Bosnia’s Pro Fin suspends subscription for new issue of 3-yr notes
Dec 11, 2017 17:41 EEST
December 11 (SeeNews) - Moldova's annual consumer price inflation decelerated to 7.3% in November from 7.9% in October, the National Bureau of Statistics, BNS, said on Monday.
On a monthly comparison basis, consumer prices rose 0.7% in November, following a 1.5% advance in October, BNS said in a statement.
In November, food prices rose 9.6% on the year, while prices of non-food products increased 4.2%. Prices of public utility and transport services grew 7.9% year-on-year.
At its last monetary policy meeting held in December, Moldova's central bank, BNM, decided to lower its key rate at 6.5% from 7%, striving to keep inflation close to its 5.0% target. The bank also decided to decrease the interest rates on overnight loans from 10% to 9.5% annually and on overnight deposits from 4% to 3.5% annually.
The central bank now projects 6.5% inflation in 2017 and 4% in 2018.
Moldova's consumer prices rose 6.4% in 2016, after increasing 9.7% in the previous year.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options