2026-08-27

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Macrosurvey: Experts Updated Forecasts of Inflation and the Base Rate

Experts from 15 organizations engaged in analysis and forecasting of macroeconomic indicators presented updated forecasts excluding those from the National Bank. Analysts' inflation forecast is 10% in 2026, 8.5% in 2027, and 7% in 2028, while median expectations for the base rate are 16% in 2026, 13% in 2027, and 10.5% in 2028. GDP growth is expected at 4.8% in 2026, 4.6% in 2027, and 4.3% in 2028, with expectations for the Brent crude oil price at USD 82.7 per barrel in 2026, USD 75 in 2027, and USD 73.7 in 2028.

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