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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.
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NBP Policymaker Gatnar Says Inflation To Average 4.2% in 2021
- In the past few weeks, we have seen that some NBP policymakers have become increasingly concerned over inflation risks in the near to medium term.
- While NBP governor Adam Glapinski mentioned on Friday that inflation is still 'under control' and expects headline inflation to gradually slow down in the second half of this year, MPC member Eugeniusz Gatnar said today (on Biznes24 television) that CPI inflation may average 4.2% in 2021.
- Gatnar also mentioned that inflation could reach 5% in June and expects demand pressure to build in Poland.
- As sell-side firms have been reviewing their 2021 forecasts higher in recent weeks, the median estimates rose to 3.3% in May (up from 2.9% in April) but is still significantly lower than Gatnar 4.2% forecast.
Source: Bloomberg/MNI
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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.