Inflation edges up

In September, the rate of inflation in Poland edged up slightly for the second month to around two percent, according to Dariusz Filar, a member of the National Bank of Poland's rate-setting Monetary Policy Council (RPP).

"In September, inflation will be close to two percent, and in the first quarter of next year it will top two percent," Dariusz Filar told Radio PiN.

In August annual inflation was 1.6 percent, well below the bank's 2.5 percent target, but 0.3 percent higher than the July figure, representing the first inflation rise in 10 months.

Filar also said he expected financial markets to remain jittery. "Markets will wait over the next two weeks for the final results [of the elections], there will be heightened nervousness, but nothing of a tectonic character. In two weeks, when a result is known and the government is formed, the situation should return to normal."