Consumer prices will probably decelerate further as the annual inflation figure for June should amount to 0.0%, down from 0.2% y/y in May, according to the ministry of economy's analysts.
In May, inflation returned to the lowest level since July of 2013, though both the ministry and market economists deemed it would inch up to 0.4% y/y. 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 0.2% in June, chiefly due to further decline of food prices (that have been falling m/m for four months now); they also expect transport-related prices to stabilise as well as a slight fall of clothing and footwear prices.
The head of the European Commission Jean-Claude Juncker held talks with leaders of the Visegrad Group at a nearly three-hour dinner on October 19. The dinner on the eve of the EU summit was ... more
Turkish President Recep Tayyip Erdogan received a warm welcome from his Polish peer Andrzej Duda on October 17, as Warsaw said it supported Ankara’s formally ongoing bid to become a member of the ... more
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more