The Canada-based credit rating agency, however, lowered its GDP prediction to 2.2% for 2025
The available non-seasonally adjusted data indicate that in the 1st quarter of 2024 the Gross Domestic Product (GDP) in volume terms increased by 1.9% in comparison with the 1st quarter of 2023
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%