The Government is moving in this direction, as the measures recently adopted also testify. The objectives are commendable. The means must be given careful consideration: liberalizing signifies relying for consumer protection as much as possible on transparency and competition and the oversight of the competent authorities.
This will be due to several factors: new harvest supplies coming to the market the waned effect of low comparison base for some goods the effect of the increase in the NBU’s key policy rate. As a result, inflation will decline to 8% at the end of this year, return to the 5% target H1 2022, and subsequently remain there.