‘The Polish government is taking strong steps to oppose rising inflation in Poland and protect the pockets of Poles,’ said PM Morawiecki while announcing the new measures
The high inflation rate is not only hindering the growth of Poles’ income but also the Polish economy’s development
Poland’s Monetary Policy Council has acknowledged the issue of growing inflation and has undertaken measures to counteract it
The Czech prime minister described COVID-19, inflation and rising energy prices as the most pressing problems to solve
This is the second measure taken by the government to protect consumers in as many months
Instead of blaming working Americans, we should be blaming oligopolies for rising inflation, says a Dutch economist working for a New York-based economic institute
The growth rate in prices of consumption goods and services in Poland is the highest in more than 20 years
The rise in energy prices is one of the main factors fueling inflation in Germany and Europe
Adam Glapiński assured that the inflation rate in Poland will begin to decrease after a few quarters but will maintain its current level until the first quarter of 2022
The newly announced anti-inflation shield will introduce a series of tax cuts to soften the effects of rising inflation
The head of the OECD is heaping praise on Poland’s economy
Hungary could raise rates to 3.9 percent and Czechia to 4 percent.
Even the most ingenious government policy will not ensure prosperity if there is no price stability, said the Czech central bank governor in defense of the bank’s rate hike
The Czechs are worried about the devaluation of their savings as inflation ravages Europe
Head of the NBP Adam Glapiński believes that the Polish economy is in excellent condition and that high inflation was not caused by demand but by supply shock
Although the inflation rate will continue to increase in 2021, some experts forecast that it will steadily decrease in late 2022 and 2023
Along with Lithuania and Estonia, Poland had a 5 percent inflation rate in August 2021, putting it at the very top of the EU
By the end of the second quarter, the solvency of the population had returned to its level before the coronavirus, a recent study showed
This is the first in a series of rate hikes
Of the 27 members, prices are rising fastest in Hungary
Latest report increases GDP growth forecast for 2021-22
Poland has not experienced such a rise in the level of prices for many years
