Free Trial

Inflation May Remain Supported by Food Prices Through Year-End

POLAND
  • The prospect of recovery fund payments remains a focus, with the EU affairs minister Szynkowski headed to Brussels today for the latest round of talks with the European Commission.
  • Inflation may remain supported by food prices due to pipeline inflation and producers continuing to push costs to consumers, according to Rzeczpospolita. Across October, groceries price rises reached 26.1% on the year, according to a UCE Research survey.
  • Rzeczpospolita write today that the PLN could suffer a short-term correction, partially reversing recent strength, according to market analysts cited in the piece, but does add that PLN may outperform in 2023 against core FX.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.