NBP: inflation expectations keep dropping, decline in demand fuels war prices

Inflation is widely expected to slow down, according to Jacek Kotłowski from the NBP's Analysis and Research Department. Inflation momentum has reduced to 2.4% annually, with core inflation at 3.6%. Consumer inflation expectations are declining. Kotłowski anticipates the pressures to ease gradually, particularly among rigid components.

He also discusses the deflationary effect of discount store price wars, partly attributed to weakened demand. Regarding economic growth, he foresees positive consumer sentiment and high real wage growth, driving an economic upturn, with investments becoming a significant growth driver alongside consumption.

Source: obserwatorfinansowy.pl