The CNB downgraded the outlook for the economy, estimating GDP growth this year at 0.1 percent.

According to the CNB, the economic recovery should come next year, when GDP growth will be 2.3 percent. However, even in this case, the central bank revised its forecast downward from May, when a 3% increase was expected. In 2025, she said, GDP will grow by 2.7 percent.

According to the CNB, next year’s average inflation should be 2.1 percent, and it has not changed its estimate from the previous forecast. In 2025, the central bank expects annual consumer price growth of 1.7 percent.

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