Future Inflation Index soars by 0.8 pts: BIEC
13:41
Future Inflation Index (WPI), forecasting several months in advance the direction of changes in prices of consumer goods and services in Poland, increased by 0.8 points in February, said the Investment and Economic Cycles Office (BIEC).
BIEC reports that this was the third consecutive and so far the strongest increase of the indicator.
“The decisive factor responsible for this tendency is the significant increase in both consumers and business representatives' concerns about rising inflation,” it was written.
However, the authors of the report write that the economic slowdown will not be conducive to inflation.
(PAP)
