Consumer inflation will probably inch up to 1.1% y/y in October from 1.0% posted a month earlier, according to the ministry of economy's analysts. In September, the annual CPI inflation was 1,0% vs. market consensus of 1.1%. The ministry said that the September figure was in line with its expectations.
In monthly terms, the ministry's experts forecast price growth of 0.3% in October, chiefly due to higher food and clothing prices (in September, they were 0.0% m/m and +0.7% m/m, respectively), with stable fuel prices (though fuel prices for individual means of transport rose by 1.8% m/m in September).
Bank analysts expect inflation to gradually pick up and to reach around (but probably less than) 1.5% y/y at the end of 2013. The central bank's CPI target is 2.5% +/- 1pp.
Polish protests against the government's judiciary reforms continued for a sixth day on July 23, as crowds sought to add to pressure on President Andrzej Duda to veto the controversial bills that ... more
Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more
Unipetrol looks to have finally got over the August 2015 fire and explosion that wrecked its steam cracker, an indispensable installation in the production of ethylene feedstock needed to manufacture ... more