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Nov 11, 2019 12:21 EEST
November 11 (SeeNews) - Moldova posted an annual consumer price inflation of 6.8% in October, up from 6.3% in the previous month, the National Bureau of Statistics, BNS, said on Monday.
The main inflation driver of inflation in October were food prices, which rose 10.8% year-on-year, BNS said in a statement.
Prices of non-food products rose by 4.7% on the year in October, while services rose 3.6%.
Month-on-month, Moldova's consumer prices rose by 0.9% in October. Food price appreciated by 1.8%, while non-food prices grew 0.3%. Consumer prices in the services sector edged up 0.1% month-on-month.
Moldova’s central bank, BNM, maintained its 2019 inflation projection to 5.0% in its latest report issued in November. In 2020, consumer prices are expected to rise by 5.9%, down 0.8 pp compared to the level projected in August.
On October 30, BNM decided to maintain its key rate to 7.5%, aiming to keep inflation close to the target level.
(1 euro= 19.2929 Moldovan lei)
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