nbs statement, 2026-07-09
Assuming that the recent energy shock was temporary and that the global oil price, which has recorded a decline over the past month, will remain around the current lower level at the end of this year and during the next, inflation should slow down and return relatively quickly within the target band (by mid‑2027), and then remain within those bounds until the end of the projection horizon.
Sentiment: neutral
Topic: mp_inflation