Macroeconomic projections 2022 – 2024, November 2022 11/28/2022 Tweet BH economic activity projection in 2022 has been revised upwards, to the level of 4.1% PDF - Macroeconomic Projections 2022 – 2024 Key indicators: In 2022, a 4.1% growth of real economic activity is expected, which is higher by even 1.34 percentage points compared to the projection from May. This is the second round of projections in 2022, so there is a difference compared to the projection from May. In 2023, a 0.9% real growth rate of GDP is projected, while in 2024, assuming weakening but not complete disappearance of the existing inflationary shocks, the projection of the real GDP growth is at 1.0%. Inflation is projected at 14.4% in the current year, as well as its slowdown in the following two years. However, we do not expect inflation to return to the several year long average level, recorded prior to 2022, in medium term. In this round of projections, we stress that economy is not in the standard business cycle, so the estimated values of real GDP, its components, and other macroeconomic variables, are exposed to an exceptionally high degree of
