{"id":444795,"date":"2017-11-02T22:02:41","date_gmt":"2017-11-02T22:02:41","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=444795"},"modified":"2017-11-02T22:02:41","modified_gmt":"2017-11-02T22:02:41","slug":"moldova-national-bank-inflation-rate-third-quarter-2017-74-expect-decline-end-year","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/moldova-national-bank-inflation-rate-third-quarter-2017-74-expect-decline-end-year\/","title":{"rendered":"Moldova National Bank: Inflation rate in third quarter of 2017- 7,4%, expect decline until the end of the year"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On 2 November, the National Bank of Moldova (BNM) presented the <a href=\"http:\/\/bnm.md\/en\/content\/inflation-report-no-4-2-november-2017\" target=\"_blank\" rel=\"noopener\">4th Inflation Report<\/a> for 2017.<\/p>\n<p>According to it, the annual inflation rate constituted 7,4% in the third quarter of 2017, ), 0,3% higher than in the previous three months.\u00a0BNM mentions that the annual inflation rate dynamics in the third quarter was less pronounced, but still above the inflation target set in the medium-term Monetary Policy Strategy.<\/p>\n<p>The National Bank stresses that the high inflation rate was maintained by the pressures of food products&#8217; prices as a result of less favorable\u00a0agriculture-meteorological conditions in 2017, by tariffs&#8217; increases on some regulated services, but also fueled by the appreciation of the national currency. Sustainable growth of the Euro Zone economies and the recovery of the Russian economy, as well as the increase in oil price, are also given as related causes for inflationary processes in Moldova.<\/p>\n<p>BNM projects that the annual inflation rate will decline rapidly, but then return with the target interval starting from the first quarter of 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>On 2 November, the National Bank of Moldova (BNM) presented the 4th Inflation Report for 2017. According to it, the annual inflation rate constituted 7,4% in the third quarter of 2017, ), 0,3% higher than in the previous three months.\u00a0BNM mentions that the annual inflation rate dynamics in the third quarter was less pronounced, but [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":441786,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-444795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On 2 November, the National Bank of Moldova (BNM) presented the <a href=\"http:\/\/bnm.md\/en\/content\/inflation-report-no-4-2-november-2017\" target=\"_blank\" rel=\"noopener\">4th Inflation Report<\/a> for 2017.<\/p>\n<p>According to it, the annual inflation rate constituted 7,4% in the third quarter of 2017, ), 0,3% higher than in the previous three months.\u00a0BNM mentions that the annual inflation rate dynamics in the third quarter was less pronounced, but still above the inflation target set in the medium-term Monetary Policy Strategy.<\/p>\n<p>The National Bank stresses that the high inflation rate was maintained by the pressures of food products&#8217; prices as a result of less favorable\u00a0agriculture-meteorological conditions in 2017, by tariffs&#8217; increases on some regulated services, but also fueled by the appreciation of the national currency. Sustainable growth of the Euro Zone economies and the recovery of the Russian economy, as well as the increase in oil price, are also given as related causes for inflationary processes in Moldova.<\/p>\n<p>BNM projects that the annual inflation rate will decline rapidly, but then return with the target interval starting from the first quarter of 2018.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/moldova-national-bank-inflation-rate-third-quarter-2017-74-expect-decline-end-year\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fmoldova-national-bank-inflation-rate-third-quarter-2017-74-expect-decline-end-year%2F\" 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