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Poland faces deflation to November – said Polish Finance Minister

Wyślij Print Pobierz added: | 2014-09-27 07:38:37
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Poland will likely note continued deflation readings to November and inflation below 1% to end-Q1 2015, but need not suffer as food and commodity based price cuts benefit consumers and leave the budget unharmed, Finance Minister Mateusz Szczurek said in an interview for television broadcaster TVN24BiS.

Poland will likely note continued deflation readings to November and inflation below 1% to end-Q1 2015, but need not suffer as food and commodity based price cuts benefit consumers and leave the budget unharmed, Finance Minister Mateusz Szczurek said in an interview for television broadcaster TVN24BiS.

"We think that deflation will remain to November, the last two months we'll get positive price growth," Szczurek said.

But the structure of price moves is mostly beneficial, he said of deflation based in falling food and commodity prices.

http://www.warsawvoice.pl/WVpage/pages/article.php/29598/news

 





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