Analytics believe that inflation is going to be high over the period from 2023 to 2025. This is a less optimistic outlook compared with the previous one, according to the National Bank.
In a survey conducted by the regulator experts said they expect inflation at 12.2% this year, 8.8% in 2024 and 7.2% in 2025. In February, when inflation reached 21.3% on a year-to-year basis, their forecast was slightly more optimistic: 11.8% in 2023, 8% in 2024 and 7% in 2025.
As a result, the National Bank has highlighted that the base rate increase expectations for 2023 and 2024 have...