17  Figure 15 MPR corridor (*) (quarterly average, percent)  13 12 11 10 9 8 7 6 5 4 3 2 1 0  Dec.22 corridor FTS EES Sep,22 corridor MPR  24.IV  24.III  24.II  24.I  23.IV  23.III  23.II  23.I  22.IV  22.III  22.II  22.I  21.IV  21.III  21.II  21.I  Forward  (*) The corridor is built by following the methodology described in Box V.1 in March 2020 MP Report and Box V.3 in March 2022 MP Report. For dtails, see methodological note (figure II.1 in chapter II of December 2022 MP Report). Source: Central Bank of Chile. Table 1 Domestic scenario  2021  2022 (f) Sep.22 MP Dec.22 MP Report Report  2023 (f) Sep.22 MP Dec.22 MP Report Report  2024 (f) Sep.22 MP Dec.22 MP Report Report  (annual change, percent) GDP Demanda interna Domestic demand (w/o inventory change) Gross fixed capital formation Total consumption Private consumption Goods and services exports Goods and services imports Current account (% of GDP) Gross national savings (% of GDP) Nominal GFCF (% of GDP)  11.7 21.6 18.0 17.6 18.2 20.3 -1.5 31.3 -6.6 18.8 24.0  1.75-2.25 1.2 0.9 -3.3 2.2 1.4 1.3 -1.4 -6.3 18.9 23.5  (f) Forecast. Source: Central Bank of Chile.
The estimates incorporated the price increases associated with Russia's invasion of Ukraine, with the knowledge we then had of how the conflict would unfold and its implications. While at the time inflation already appeared to be a global problem, it has since worsened, due to a protracted war, the spread of problems in international supply chains and transportation costs, and the effects of China's weak real estate sector and its zero Covid policy. On top of all this, there was further persistence in a context of significant inflationary surprises and heightened inflation expectations. Thus, we come to the end of the year with a sum of new shocks that were installed in our economy, which already exhibited important imbalances that needed to be corrected. During this period, financial markets have shown high volatility. At home, we have had to face it while immersed in a context of high uncertainty, which peaked in July. In that period, the local exchange market experienced important tensions in its price formation process, particularly in exchange rate derivatives. This led us to announce a foreign exchange intervention aimed at reducing the probability of significant distortions in the operation of other segments of the financial market. This year has not been easy, nor were the previous ones. In this challenging period, the Bank has continued to make progress in various areas.