NEWS

05/09/2024

15:24

Glapiński:

Inflation Only Has a Chance to Return to Target in 2026

Michał Lubowicki

- According to current forecasts, NBP projections, inflation should start falling again from around the middle of next year. Based on all the data we currently have and some predictions bordering on certainty. We are basing this on government announcements, on statements from individual ministers or the prime minister, though there are no statutory documents or regulations yet - stated Adam Glapiński at a press conference. "Inflation May Only Return to Target in 2026" - But it is only in 2026, meaning when the effects of rising energy prices have expired and have been absorbed by the economy and households, that inflation has a chance to return to a level consistent with the inflation target. We assume it will return in 2026. This is according to the July projection, developed assuming unchanged NBP interest rates - he continued.

Michał Lubowicki