Bank Estonia worsened the forecast of economic recession and inflation in the country for 2023

Moscow. September 26. information agency "Interfaks" - Bank Estonia, according to the updated forecasts, expect decrease in gross domestic product of the country in 2023 for 2,2% and growth by 1,4% and 4% in 2024 and 2025 respectively, is spoken in the message of Central bank Russian Federation (Bank Russia). Inflation which in 2022 reached 19,4%, in 2023 will decrease to 9,4%, in 2024 - to 3,4%, and in 2025 - to 1,9%. The June forecast assumed economic recession this year for 1% and GDP growth renewal in 2024 (2,4%) with its acceleration to 3,5% in 2025. Inflation these three years was expected at the level of 9,1%, 3,9% and 2,5% respectively. According to the autumn forecast...