MF's Patkowski sees possible decline of CPI inflation to single digits in October

There is a possibility that inflation will drop to single digits in October this year, according to Deputy Finance Minister Piotr Patkowski.

"October is quite likely, but let's look at it more in terms of the fourth quarter rather than a single month," Patkowski said on Radio Plus.

"If we look at the process of producer prices disinflation, which is a precursor to this normal inflation, we see that this disinflation is very much in progress, and it also reinforces the tendency to aim for inflation below 10%," he added.

Source: ISB News