Thursday, January 21, 2010

Moldova registers record low inflation rate in 2009, expects it to go up in 2010

The National Bureau of Statistics recently released some data about the inflation rate in the country in 2009. According to the information provided, the country registered a record low 0.4 percent inflation rate last year, a sharp drop after a 7.3-percent inflation rate in 2008. This is the smallest rate recorded since the country's independence.

National Bank of Moldova (NBM) Governor Dorin Dragutanu has said that authorities are hoping for anywhere between four and six percent this year.

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