Forward-looking inflation index unchanged in February
13:17
Polish inflation worries persist as February inflation expectations indicator holds steady, Bureau of Investments and Economic Cycles (BIEC) reported. Businesses expect price hikes, particularly due to rising labor costs and energy bills. While war impacts have subsided, internal factors like government spending and limited worker mobility are seen as key inflation drivers. Households remain concerned but increasingly anticipate slower price growth. Experts highlight mid-2023 as a turning point, with decisions on energy prices and minimum wage impacting inflation's trajectory.
While a slight dip in industrial activity eases cost pressures, it reflects economic slowdown rather than efficiency gains.
Overall, concerns remain high as internal factors continue to fuel inflationary pressures in Poland.
Source: obserwatorfinansowy.pl
