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Pekao: Removing 0% VAT rate on gas will raise CPI by about 0.5% in early 2023

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Pekao: Removing 0% VAT rate on gas will raise CPI by about 0.5% in early 2023
Source: Pixabay

The removal of the 0% VAT rate on gas will raise consumer CPI inflation by about 0.5% in early 2023, economists at Bank Pekao forecast.

"In 2023, residential gas rates are expected to be frozen at the level of this year.

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