Deflation stays in Poland through March

Poland will have deflation until “at least” the end of Q1, the Polish Press Agency reported citing the Deputy Minister of Finance Artur Radziwiłł. The prospect of 3.4 percent GDP growth is realistic and will be boosted mainly by a strong domestic demand, he added. As it is “very hard” to predict oil prices, “the main deflation pressure comes from abroad,” Radziwiłł pointed out. Deflation rate in December 2014 reached 1 percent, according to the Central Statistical Office.