EC expects Poland's average annual HICP inflation to ease to 3.5% in 2012.

By bne IntelliNews February 24, 2012
Poland's Harmonised Index of Consumer Prices (HICP) is expected to steadily fall to around 3.0% at the end of 2012 (from 4.5% y/y in December of 2011), according to interim forecasts of the European Commission. The easing will take place on the back of stabilizing fuel and food prices, inflation-decreasing base effects and weakening domestic demand, it added. Taking into account the higher level at the start of the year, average inflation is, however, projected to reach 3.5% in 2012 from last year's 3.9%, the Commission concluded.

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss