Bankers expect inflation at 1.99%

Bankers surveyed by pollster TNS Polska expect inflation between December 2013 and December 2014 to be 1.99 percent year-on-year, according to data quoted by ISBnews. A month ago the expectations were at 2.08 percent. CPI deflation amounted to 0.3 percent y/y in September and in August, according to data from the Central Statistical Office. Data from TNS also show that bankers see the EUR/PLN rate at 4.19 at the end of next month. The USD/PLN rate is seen at 3.29. On Tuesday at 11:20 a.m. the EUR/PLN rate was 4.2236 and the USD/PLN rate was 3.3267.