Nowcast of the current economic activities and the inflation for the first half of year 2023

12/22/2022

CBBH nowcasts the weakening of the inflation pressures in the first half of 2023

PDF - Nowcast of the current economic activities and the inflation for the first half of year 2023

Key indicators:

  • The signs of the inflation slow down are seen in the fourth quarter. We expect this trend to continue in the first half year.
  • Projected annual inflation in 2022 could be around 14.0%.
  • CBBH nowcasts the slowdown of the economic activity in the country in the last two quarters, primarily due to the slowdown of growth in the countries main trade partners, and long-time high inflation.
  • Current nowcasts of quarter economic activity and the inflation are consistent with earlier published midterm annual macroeconomic projections.



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