Belka: Inflation may appear at the end of 2015

Head of the National Bank of Poland said that Poland is likely to come out of deflation and will experience inflation at the end of the year. "Forecasters expect that the CPI index will grow this year due to the statistical base," said Belka during a press conference. "We are not observing further decreases in fuel and food prices," he added.  According to GUS, the consumer inflation stood at -1.1 percent y/y in April and totaled -1.5 percent y/y in March.