Entrepreneurs feel the increase in gas and electricity prices

Europe is struggling with the rising prices of consumer goods and services. 

“This is a consequence of many mechanisms occurring simultaneously, including high prices of gas or electricity, which translate into higher costs of economic activity,” we read in the Monday commentary by the economic expert of the Polish Confederation Lewiatan, Mariusz Zielonka.

"Professor Adam Glapiński, the president of the National Bank of Poland, during the last speech concerning the interest rate hike, informed that the move made by the MPC will not stop the price increase in Poland, as it is caused by external factors. It is also not difficult to agree with the president of the central bank for fuels," the Lewiatan Confederation expert wrote. 

Zielonka estimates that the future looks darker for us, because the price of a barrel of crude oil on the New York Stock Exchange increased by over 80 percent during the year, reaching the 2014 highs, i.e. exceeding the level of $80 per barrel. In his opinion, entrepreneurs are also not in favor of international freight prices.

(PAP)