Polish Inflation Forecast: Expected to Peak Near 6% in 2024
According to a member of Poland's Monetary Policy Council (MPC), inflation in the country is set to peak in the near future, with a price growth rate expected to be slightly below 6% in 2024. The economic recovery process post-pandemic and the impact of external economic factors, such as fluctuations in energy and food prices, will be significant aspects influencing inflation dynamics.
Experts note that the increase in interest rates conducted in recent years to combat inflation has started to positively affect the economy. However, risks remain that could influence future price movements, particularly oscillations in commodity prices and shifts in the external economic environment that may lead to a new surge in inflation.
Moreover, attention should be paid to the political situation within the country, as this may also affect economic stability and the population's quality of life. Inflation forecasts remain cautious, and the MPC strongly recommends taking measures aimed at stabilizing the economy.
It is likely that the fight against inflation will continue, and the central bank's further actions will be cautious and based on current economic data. At the same time, it is essential to pay attention to global trends that may impact Poland's internal economy.
