CNB forecast - July 2006

The forecast for inflation

Indicator Horizon Forecast Announced
Annual consumer price inflation June 2007 2.8 - 4.2 % 27 July 2006
December 2007 3.3 - 4.7%

 

The following chart illustrates the forecast profile

CNB forecast - July 2006 - 1

Inflation forecast excluding the first-round impacts of indirect taxes

CNB forecast - July 2006 - 2

The forecast for GDP

Indicator Year Forecast Announced
Annual growth of real GDP 2006 6.0 -7.2 % 27 July 2006
2007 3.8 - 6.4%

 

GDP growth and output gap

CNB forecast - July 2006 - 3

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