News

Poland: inflation falls in April

16/05/2002

Polish inflation fell 0.3% in April compared with March, bringing the country’s year-on-year rate down to 3%, according to the country’s Central Statistical Office (GUS).

The news means that the country’s monetary policy committee (RPP) will be unlikely to reduce the key lending rates yet, but most analysts would expect interest rates to fall once if inflation gets to around 2.5-2.6%.

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