The final reading of consumer inflation in October 2024 was 5.0 percent year-on-year, in line with preliminary estimates. The rise in inflation in a monthly perspective was 0.3 percent month-on-month. Market expectations predict the inflation peak around the first quarter of 2025.
The precise height of this peak will depend on the protective measures implemented for the next year, details about which will be known in the coming weeks. Market expectations suggest that by the spring of 2025, we should return to interest rate cuts in the wake of rhetoric from the Monetary Policy Council.
Author: Jan Karczewski, Director of Strategic Clients Michael / Ström Brokerage House
Source: https://ceo.com.pl/szczyt-inflacji-w-polsce-bedzie-zalezec-od-wdrozonych-dzialan-oslonowych-92199