Central Bank warns of 5% inflation in 2027 in severe case (opens original article in a new tab)

Central Bank warns of potential 5% inflation in 2027 under severe scenario, with wages falling in real terms, while revising upward inflation forecasts for 2026 and 2027.

• Central Bank revises inflation forecasts upwards for 2026 and 2027
• Severe scenario predicts 5% inflation in 2027, causing real wage decline
• Baseline inflation forecast is 3.5% in 2026 and 2.9% in 2027