Economy
9:09 18 May 2024
Post by: WBJ

Core Inflation Slows, but That's All

Core Inflation Slows, but That's All
SOurce: Photo by Rapha Wilde on Unsplash

The National Bank of Poland (NBP) reported that core inflation in April stood at 4.1 percent, marking the lowest level of this metric since September 2021. This is positive news, but the downside is that there is no chance for core inflation to continue declining in the coming months due to the fading statistical base effect. As long as it remains around 4 percent, the Monetary Policy Council (MPC) will maintain its policy of maintaining high interest rates.

Core inflation is a measure that excludes the prices of products and services that are most prone to fluctuations and sensitive to government actions, namely food and energy.

(Business Insider



poland
inflation
nbp
mpc

lifestyle

LifeStyle
6 days ago

Kolejkowo preparing to submit documents to debut on NewConnect

LifeStyle
6 days ago

Event Hall Opens at Norblin Factory

LifeStyle
15 days ago

Katarzyna Zielińska Champions Traditional Books in #TataTeżCzyta2024 Campaign

LifeStyle
21 days ago

Filip Chajzer Wants to Be the Self-Proclaimed King of Kebabs

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start