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Monetary Policy

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The base rate applied on main short-term monetary policy operations is maintained at the current level of 10.0 percent annually.

În luna iulie 2016, baza monetară s-a majorat cu 934.5 mil. lei (3.1 la sută) față de luna iunie 2016 și a constituit 30900.8 mil. lei.

Rata medie ponderată a dobânzii la creditele noi acordate în moneda naţională în luna iulie 2016 a constituit 14.00 la sută, diminuându-se cu 0.37 puncte procentuale faţă de perioada similară a anului precedent.

Weighted average interest rate on new loans in national currency granted in July 2016 was 14.00 percent, decreasing by 0.37 percentage points compared to the same period of last year.

Средневзвешенная процентная ставка по вновь выданным кредитам в национальной валюте в июле 2016 составила 14.00%, снизившись на  0.37 процентных пункта по сравнению с аналогичным периодом предыдущего года.

В июле 2016 года денежная база увеличилась на  934.5  млн. леев (3.1%) по сравнению с июнем 2016 года и составила 30900.8 млн. леев.

In July 2016, monetary base increased by MDL 934.5 million (3.1 percent) compared to June 2016 and accounted for MDL 30900.8 million.

According to the current projection, the annual average CPI inflation rate will record a downward trend until the end of 2016, being followed by a stabilization around the target. On average, inflation will reach the level of 6.7 percent this year and 4.4 percent in 2017.

În luna iulie 2016, ritmul creșterii prețurilor de consum (IPC) pentru ultimele 12 luni a constituit 7.0 la sută, fiind cu 0.4 puncte procentuale inferior celui din luna precedentă și menținîndu-se peste limita superioară a intervalului de ±1.5 puncte procentuale de la ținta de 5.0 la sută.

In July 2016, consumer prices index (CPI) for the last 12 months constituted 7.0 percent, decreasing by 0.4 percentage points versus the previous month, continuing to exceed the upper limit of the range of variation of ± 1.5 percentage points from 5.0 percent inflation target.

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