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Main navigation BNM

Monetary Policy

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În luna mai 2026, baza monetară a constituit 84 172 milioane lei, înregistrând o creștere de 0,5 la sută comparativ cu luna aprilie 2026.

In May 2026, the monetary base amounted to MDL 84,172 million, which represents an increase by 0.5% compared to April 2026.

În luna mai 2026, depozitele noi atrase au constituit 26 216 milioane lei, fiind acceptate în proporție de 69,0 la sută de la mediul de afaceri și 31,0 la sută de la persoanele fizice.

În luna mai 2026, creditele noi acordate au constituit 7 333 milioane lei, fiind contractate în proporție de 63,9 la sută de mediul de afaceri și 36,1 la sută de persoanele fizice.

New loans granted in May 2026 amounted to MDL 7,333 million, of which 63.9% were contracted by businesses and individuals engaged in economic activities and 36.1% by individuals.

New deposits attracted in May 2026 amounted to MDL 26,216 million, with 69.0% being placed by the businesses and individuals engaged in economic activities and 31.0% by individuals

Decizia BNM de continuare a măsurilor restrictive a politicii monetare este adoptată în contextul intensificării presiunilor inflaționiste provenite atât din partea ofertei, pe fundalul evoluțiilor nefavorabile ale prețurilor internaționale la resursele energetice, produsele alimentare și la materiile prime, cât și din partea cererii interne, susținute de dinamica favorabilă a venitului populației.

The NBM’s decision to continue its restrictive monetary policy measures was adopted in the context of intensifying inflationary pressures stemming both from the supply side, due to unfavourable trends in international prices for energy resources, food products, and raw materials, and from the domestic demand side, supported by favourable dynamics of household income.

At the beginning of 2026, the annual inflation rate will decline, then remain relatively stable until the end of the year. At the beginning of next year it will record a further slight decline, subsequently stabilizing at the same level during the last three consecutive quarters of the forecast period.

În luna aprilie 2026, baza monetară a constituit 83 752 milioane lei, înregistrând o creștere de 0,4 la sută comparativ cu luna martie 2026.

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