Inflation fall in May

The fall would be the result of the statistical effect of a high base resulting from EU-entry-linked price shocks. Speaking after the central bank kept rates on hold, Balcerowicz added that healing public finances could limit exchange rate volatility of the złoty. "Past experience shows the złoty exchange rate has been very volatile ... the literature shows the chief reason for these changes is uncertainty over the state of public finances," Balcerowicz said. (Reuters) J.T.