National Bank of Moldova data shows that the good agricultural year and the large supply of fruit and vegetables will positively influence prices this year.

Inflation will be balanced by the decrease of oil prices on the international market.

The new inflation forecast presented by the Governor of NBM, Sergiu Cioclea shows that inflation rate in 2017 will be 6.7-per-cent and prices will rise with 4.4-per-cent.

"At this moment the majority of material prices on the international market are decreasing from previous years values, such as oil, food or other materials, here in our small country we can't have high prices if they are cheap everywhere" , said National Bank of Moldova governor, Sergiu Cioclea.

Also, the governor Sergiu Cioclea is satisfied with the decreasing tendency of interest rates for loans in the banking system. This happened after NBM lowered repeatedly the interests on its monetary instruments.

In the last three months, the interest rate for loans in MDL reduced to the level of 15-per-cent, while the deposits to 12.3-per-cent.