Bosnia's c-bank raises GDP growth estimate for Q4 2023 to 1.7%

The central bank attributed the increase to the official revision of statistical figures and the growth of the services sector, according to a presentation available on the central bank's Facebook page on Monday.

“We expect an annual (total) inflation rate of 2.4% in the first quarter of 2024,” it said.

Citing preliminary estimates, the central bank said it expects a slight acceleration of inflationary pressure by the end of the first half of this year.

The central bank also adjusted its core inflation estimate for last year to 6.5% from its previous forecast of 5.9% and projected core inflation in the first quarter of 2024 to be at 4.7%.