Inflation in single digits in 4 months, below 5% - next year – Borys

Consumer inflation should probably fall below 10% year-on-year in the next four months (from 13% y/y in May) and below 5% next year, the president of the Polish Development Fund (PFR) Pawel Borys forecasts in an interview with ISBnews.TV. 

Borys added that there were reasons to think that interest rates in Poland would fall over the next 12 months.

"We are past the peak of inflation. Inflation should soon, probably in the next four months, fall below 10%, and next year - already below 5%," Borys said.

Source: ISB News