Polish inflation set to ease
Wasilewska-Trenkner believes that CPI in 2009 will end up around 3.5 to 4 percent. "I'm of the opinion that [CPI in 2009] will be below 4 percent, around 4 and 3.5 percent, which is in line with yesterday's European Commission forecast," she told TVN CNBC. Earlier, she forecast inflation at above 4 percent in December, therefore her comments suggest inflationary pressures may be easing.
Inflation stood at 4.5 percent in September, slightly down from 4.8 percent in August, but higher than the central bank's target of 2.5 percent.
Source: TVNCNBC, Reuters