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Budget forecasts 5% inflation for 2025

22:20

Budget forecasts 5% inflation for 2025
Source: Press Material

Finance Minister Andrzej Domański announced that the draft state budget for 2025 projects an average annual inflation rate of 5%. This is an increase from the expected sub-4% inflation rate for 2024. Domański noted that while inflation may temporarily rise next year, it is expected to decrease in 2026 and 2027. He also highlighted that the current year's inflation is significantly lower than the 6.6% forecast made when the 2024 budget was prepared. Consumer inflation was recorded at 4.2% year-on-year in July 2024.

Source: pl.investing.com

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