Polish Finance Minister: inflation will decline at the end of next year

Polish Finance Minister: inflation will decline at the end of next year

Inflation will stay “strong, and may exceed,” the annual inflation rate that was recorded in September and reached 17. 2%, for the majority of the following year before slowing down by the end of the following year, according to Majdalina Rzikovska, Poland’s finance minister.

As some prices increase at the start of the year, the inflation rate may also increase significantly. However, the interest rate and the procedures for the Polish bank are beneficial.

“Therefore, we might continue to see high inflation rates at the start of the year, which is probably going to remain like the entire next year, while we will see a reduction in inflation by the end of the year,” she added.

Polish Finance Minister: By the end of the following year, inflation will drop.

About Author

World