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Eliminating zero VAT for food will add 0.9 pp to inflation - Kotecki

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Eliminating zero VAT for food will add 0.9 pp to inflation - Kotecki
Source: Pixabay

The elimination of zero VAT on food is expected to contribute to a 0.9 percentage point increase in inflation, according to Ludwik Kotecki, a member of the Monetary Policy Council (RPP).

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