The Council did not lower the rates and the zloty strengthened. What next with inflation in Poland?
The Monetary Policy Council surprised again yesterday. The economists' consensus indicated a cut in interest rates by 25 basis points, but the Council decided that rates had to be cut very sharply before the elections [...]
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July 18 2023
Inflation invites itself to a barbecue, price increases in Poland
We are in full barbecue season. Every day, hundreds of thousands of Poles gather to grill their favorite meat, fish or vegetables. Among the invited family and friends, however, there was one uninvited guest - [...]
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January 5 2023
Preliminary estimate of inflation in Poland for December 2022
According to the flash estimate, inflation in December 2022 amounted to 16,6% (17,5% in November 2022), with much higher market expectations of as much as 17,3%. This is the second consecutive decline in the annual change in inflation - which is [...]
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30 Września 2022
Preliminary inflation estimate for September 2022 - market commentary
According to a flash estimate, inflation in September this year. was 17,2%. This is another record level in this cycle, while the market expected a reading of only 16,5%. This is not good news for the Policy Council [...]
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