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In Brief: BCC on economy; March inflation could be below projections

Entrepreneurs from the Business Center Club (BCC) claim that the economy requires a revolution to get it going again. Part of the radical changes they see as necessary include lowering corporate income tax to 15% and limiting budget expenditures. They argue the reform of public finances cannot be achieved by increasing budget deficit or public debt. BCC pr esident Marek Goliszewski said that the situation will become critical if the public finances are not reformed. (Rzeczpospolita, p. B2) ... Economists expect that the CPI in March would drop even further to 0.4%, which will be less than February's figure of 0.5%. This should be mostly attributed to minimal increase in food prices, which were only 0.4% higher in the second half of March in comparison to the second half of February. Experts expect that inflation should drop further to 0.2% in April. (Parkiet, p. 7) M.M.

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