• 2022 GDP seen at +2.6% (previously +2.8%)
  • 2023 GDP seen at +1.9% (previously +2.0%)
  • 2022 CPI seen at +2.5% (previously +1.9%)
  • 2023 CPI seen at +1.4% (previously +0.7%)

On the downgrade of the growth estimates, the government cites the Russia-Ukraine conflict and uncertainties surrounding China.