MNI BRIEF: Job On Inflation Not Done, Care Needed - BOE Pill

MNI BRIEF: StatsCan Reviews Factory Jobs and U.S. Demand

CANADA JAN jobs UP for 3rd month in a row +76K VS PRIOR +90.9K

MNI BRIEF: Mexico Inflation Down To 3.59% In January

MNI BRIEF: Tariffs Force CBRT To Hike 2025 Inflation Forecast

MNI China Daily Summary: Friday, February 7

MNI:US DEC WHOLESALE INV -0.5%; SALES 1%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY FEB INDEX 67.8

EZ/UK Bond Supply Calendar: UK, EU Syndications W/C 10 Feb

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POLAND: NBP Say Inflation May Exceed 5% in First Half of 2025

POLAND
PolandCEEMEAEM BulletBulletEmerging Market News

Highlights from the NBP Minutes release:

  • A view was expressed that given the elevated inflation, the current level of NBP interest rates was too low to ensure a sustainable return of inflation to the target in the medium term.
  • When discussing the inflation outlook, the Council members observed that according to available forecasts, in the first half of 2025 inflation may exceed 5%.
  • The Council members pointed out that the second half of 2025 might see further increases in energy prices, which would once again boost inflation.
  • The majority of the Council members judged that in the coming quarters inflation would remain markedly above the NBP inflation target, driven by the effects of the already introduced increases in energy prices, as well as rises in excise duties and administered services prices.

Click here to see the full release.

Keep reading...Show less
149 words

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.

Highlights from the NBP Minutes release:

  • A view was expressed that given the elevated inflation, the current level of NBP interest rates was too low to ensure a sustainable return of inflation to the target in the medium term.
  • When discussing the inflation outlook, the Council members observed that according to available forecasts, in the first half of 2025 inflation may exceed 5%.
  • The Council members pointed out that the second half of 2025 might see further increases in energy prices, which would once again boost inflation.
  • The majority of the Council members judged that in the coming quarters inflation would remain markedly above the NBP inflation target, driven by the effects of the already introduced increases in energy prices, as well as rises in excise duties and administered services prices.

Click here to see the full release.

Keep reading...Show less