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Economy to shrink in 2023 before rebounding: Report

Economy to shrink in 2023 before rebounding: Report

The report said in 2023, the economy will shrink by 0.3 per cent before returning to growth in 2024 and forecast that by the last quarter of this year, inflation will slow to 5 per cent. In the immediate term, the BCC is now expecting the first quarter of 2023 to see...