inflation will decline. There is one but

inflation will decline. There is one but

The NBP deputy president assessed that the effects of “significant tightening” of the monetary policy are visible on the credit market, and over time they will also translate into the entire economy. At the same time, there is a downturn in the world and in Poland.

– We are observing a gradual fading away of the primary pro-inflationary shocks, as the prices of some commodities have stopped growing strongly and the tensions in the supply networks have slightly weakened. Moreover, major central banks are tightening their policy strongly, which will have an impact on the global inflationary pressure, said the NBP deputy president during meetings of the Parliamentary Public Finance Committee.

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