Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

December CPI Inflation Rate Falls Slightly, But RPP Awaits Further Slowdown

ECONOMYDecember CPI Inflation Rate Falls Slightly, But RPP Awaits Further Slowdown

The CPI inflation rate in December was 6.1% annually. The result was lower than the market consensus (6.5%) and lower than the previous month (6.6%). On a monthly basis, the index increased by 0.1%. The end of the year brought the lowest inflation reading since September 2021. Core inflation also fell, to around 7%.

The reading is a positive surprise, but it does not seem to significantly influence the actions of the Monetary Policy Council (RPP). Still a long way to go to bring inflation back on target. The beginning of the year may bring further slowdown of the index; however, we might experience more increases in the second half of the year. A lot will depend on further administrative decisions, the pace of expected recovery and wage growth.

Bartosz Wałecki, Analyst, Michael / Ström Brokerage House

Check out our other content
Related Articles
The Latest Articles