6  Chart 14 Inflation projection (y-o-y rates, in %) 7 6 5 4 3 2 1 0 -1  12 2015  3  6  9  12 2016  3  6  9  12 2017  3  6  9  12 2018  3  6  9  -2 12 2019  Source: NBS.
This trade deficit has been a principal (but not the only) reason for the severe fall off in the current account balance (the balance of flows carried in the country and abroad.) Our current account deficit has now reached 8 per cent, the worst figure since 1986 and very marked by OECD standards.