No price growth expected - BIEC

The future inflation index calculated by the Bureau for Investments and Economic Cycles (BIEC) rose insignificantly month-on-month in December, according to data quoted by the Polish Press Agency. Only three of the nine factors contributing to the indicator registered growth last month. Other factors acted in favor of prices decline or stability. “Businesses’ expectations for price growth slightly intensified, transportation and warehousing prices and unit labor costs grew month-on-month,” BIEC analysts said.