We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » July 1, 2014
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Poland faces ‘very big risk’ of y/y deflation - Finance Minister
July 1, 2014   
Article's tools:

Mateusz Szczurek
Poland faces a very big risk of annual deflation in the summer months and a high probability of price declines extending beyond the summer holidays, Finance Minister Mateusz Szczurek told reporters on Monday.

"The risk of deflation is very big in annual terms, as we've often had monthly price declines in the summer," Szczurek said. "Everything indicates that deflation may extend beyond the summer vacation. Inflation pressure is very low."

While facing the deflation challenge, Polish budget will draw some support from the structure of GDP growth, Szczurek added.

"Real GDP growth, its structure which which is favorable for taxes, will salvage the budget," he said.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE