Future inflation index down again

The future inflation index calculated by the Bureau for Investments and Economic Cycles (BIEC) declined by 0.9 points month-on-month in August, according to data quoted by the Polish Press Agency. This was the third consecutive month of decline, BIEC said. Only one out of nine factors contributing to the index, only one suggested an upward trend. “This translates into a major limiting of inflationary pressure in the economy,” BIEC said.