Inflation at the end of '23 will be in single digits - Soboń, MF

Even in the gloomiest scenarios, CPI inflation in Poland will be in single digits at the end of 2023, Deputy Finance Minister Artur Soboń told wPolsce.pl TV.

"There is no doubt that inflationary pressures will decrease starting from the second quarter and we will have lower inflation (…). Perhaps the first months of this year will still mean an increase in the GUS inflation rate reading, but all forecasts - ours, the EC, banks and IMF - agree that in the following months the inflation rate will be reduced significantly, to the extent that it will certainly be in single-digits at the end of the year, even in the darkest scenarios," - Soboń said.

Source: PAP