Nowcast of real GDP annual change for the fourth quarter of 2022, and inflation in short-term 3/21/2023 Tweet Nowcast of real GDP annual change for the fourth quarter of 2022, and inflation in short-term PDF - Nowcast of real GDP annual change for the fourth quarter of 2022, and inflation in short-term Key points: The CBBH nowcasts annual growth of real economic activity in the fourth quarter of 2022 at 1.7%, expecting the slowdown of the country’s economic activity growth from the fourth quarter of 2022. According to official statistics, consumer price inflation in January 2023 was 14.1%. Inflation is expected to be increased in the first half of the current year, and gradually decrease throughout 2023. Core inflation estimates indicate that current headline inflation in BH is not high. Current estimates of quarterly economic activity and inflation in short-term are consistent with the earlier published medium-term annual macroeconomic projections, and the earlier rounds of nowcasts.
