News

Inflation expected to peak in Poland

Inflation expected to peak in Poland

Deputy Finance Minister Piotr Patkowski said that he expects inflation to peak in Poland and that inflation will reach 19-20 percent in February 2023.

Patkowski, speaking to a local radio, stated that they expect inflation to decrease gradually after February.

Advertisement

They expect to reach peak numbers

Stating that they do not expect a recession next year, Patkowski said, “Inflation in Poland will peak at 19-20 percent in February. It is difficult to say whether it will be 20 percent right now. According to our Ministry, there is an expectation of 19-20 percent for now.” used the phrases.

Poland’s 2023 budget is based on the assumption of 1.7 percent GDP growth and 9.8 percent average annual inflation.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top