Baseline projections from the report, to be published in full on Thursday, show the central bank lowered its forecast for average annual inflation in 2014 to 0.7% from 1.3% in the December report. The MNB raised the CPI forecast for 2015 to 3.0% from 2.8%.
The MNB left its projection for 2014 GDP growth unchanged at 2.1% while raising its forecast for 2015 growth slightly, to 2.5% from the 2.4% rate projected in December.
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