CNB forecast - October 2006

The forecast for inflation

Indicator Horizon  Forecast Announced
Annual consumer price inflation Sep 2007  2.8 - 4.2%  26 Oct 2006
Mar 2008 3.5 - 4.9%

 

 

The following chart illustrates the forecast profile

CNB forecast - October 2006 - 1

Inflation forecast excluding the first-round impacts of indirect taxes

CNB forecast - October 2006 - 2

The forecast for GDP

Indicator      Year       Forecast Announced
Annual growth of real GDP 2006 5.8 - 6.6% 26 Oct 2006
2007 4.4 - 6.6%
2008 3.4 - 6.4%

 

GDP growth and output gap

CNB forecast - October 2006 - 3

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