BOŚ expects an inflation growth in 2020
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The average annual CPI will amount to 1.5 percent y/y in 2019 against 1.8 percent forecast a year earlier, according to Bank Ochrony Środowiska (BOŚ) in its quarterly review. However, in the first quarter of 2020, the bank expects inflation to rise above the level of the inflation target. This increase would lead inevitably to monetary policy tightening.