Consumer prices will probably decelerate as the annual inflation figure for July should amount to 0.0%, down from 0.3% y/y in June, according to the ministry of economy's analysts.
In June, inflation inched up from May's 0.2%, though market economists deemed it would stay at the previous month's level. The ministry itself expected zero inflation (y/y) already in June.
In the summer, bank analysts expect annual deflation - which is often noted in July and August - to be seen in the period of July-September.
The ministry's experts expect monthly deflation of 0.1% in July, chiefly due to further decline of food prices (that have been falling m/m for five months now); they also expect transport-related prices to inch up slightly as well as a slight fall of clothing and footwear prices.
Alior Bank will pay out a dividend of PLN570mn (€122mn) from the profit generated in 2023, the Warsaw-listed lender said on February 28. The payout is in line with recommendations of the Polish ... more
The European Bank for Reconstruction and Development (EBRD) invested €20mn in debut Eurobonds issued by the state-controlled Bank Pekao, the second-largest Polish lender by assets, the EBRD said on ... more
PKO Bank Polski, along with three other banks, has entered into a consortium agreement with Great Wind, a subsidiary of the Polsat Plus Group, a media and entertainment company, to finance the ... more