Inflation over the June 2022 to March 2024 quarter (next eight quarters) is projected to average within the range of 8.0% to 9.0%, which is above the previous projection of 6.0% to 7.0%

https://www.ncbcapitalmarkets.com/research/latestnews/3931-local-inflation-expected-to-peak-by-june-2022