14:24 16 August 2024
Poland's Inflation to Stay Above 3.5% Until August 2025: Forecast
Credit Agricole Bank forecasts that Poland's inflation rate will remain above 3.5 percent until August 2025, according to a recent analysis. The bank expects inflation to decrease gradually but remain elevated due to persistent economic pressures. Despite a decline in commodity prices, core inflation—excluding volatile items like food and energy—remains high. The prolonged period of elevated inflation is attributed to factors such as strong domestic demand, wage growth, and ongoing supply chain disruptions.
Credit Agricole predicts that inflation will ease in the latter half of 2025 as the effects of previous interest rate hikes by the National Bank of Poland begin to take hold. However, the bank warns that any unexpected external shocks could disrupt this trajectory.
