Private sector inflation forecasts converging with the central bank's, reflecting inflation-targeting credibility At any rate, the private sector forecasts [of inflation] are, more or less, very close to ours, except that [these] are slightly higher than ours for 2024 and 2025. [For 2023], the private sector says [that inflation will be] 3.7 percent; we [at the central bank] say around 3.0 percent.
By the way, this usually happens. The private sector eventually adjusts its forecast with a one or two-month lag from ours. I think this shows you how credible the central bank is [at inflation targeting].