Consumer inflation in Poland will remain stable, with a downward trend, believes Tadeusz Kościński, Minister of Finance, Funds and Regional Policy.
“Inflationary pressure will be smaller, because despite unemployment at a very low level, I think that the wage pressure will be lower and this will result in lower inflation. Oil prices will fall, which will also have an impact. So I think inflation will be stable, with a downward trend, “Kościński said in” Sygnały Dnia “on radio Jedynka.
According to preliminary data of the Central Statistical Office of Poland (GUS), consumer inflation amounted to 3.2% on an annual basis in March 2021.
At the end of March, the president of the National Bank of Poland (NBP), Adam Glapiński, wrote that inflation may run close to 3% from the second quarter of this year, mainly due to regulatory factors, the global increase in oil prices, and the base effect on fuel prices. At the same time, he emphasized that inflation would remain within the range of deviations from the central bank’s target (2.5% +/- 1 percentage point).
According to the central path of the NBP’s inflation projection, consumer inflation will amount to 3.1% in 2021, then will slow down to 2.8% y / y in 2022 and will amount to 3.2% in 2022 (compared to 3.4% last year).
