A majority of Poles believe that raising the 500 Plus child benefit will increase inflation, according to a Market Research Institute (IBRiS) survey for Radio ZET.
The Polish government has approved the execution of the 2022 budget with a deficit of PLN 12.6 billion (EUR 2.8 billion).
The share of Poland's population at risk of poverty will remain at the level of 1 to 2 percentage points higher than in 2021, according to a report by the World Bank.
Poland's core inflation, which excludes the prices of food and energy, measured 12.2 percent year on year in April 2023, down from 12.3 percent in March, the National Bank of Poland (NBP) said on Tuesday.
Mateusz Morawiecki, the Polish prime minister, has argued that increasing a monthly child benefit programme by PLN 300 (EUR 66.6) will have no negative affect on inflation.
Inflation will continue to fall in the coming months but the rate of its decline will slow, analysts at the bank ING BSK said on Monday.
Prices of consumer goods and services (Consumer Price Index, CPI) settled at 14.7 percent year on year and by 0.7 percent month on month in April 2023, the Central Statistical Office (GUS) reported on Monday.
Speaking at the Law and Justice (PiS) party convention in Warsaw, party President Jaroslaw Kaczynski said that "we hope for low inflation in the new year, so this new financial injection will no longer threaten a return to inflationary tendencies - we have taken this into account."
Poland's central bank (NBP)’s rate-setting Monetary Policy Council (RPP) is not yet discussing ending the tightening cycle, the NBP governor has said.
Poland's core inflation will likely decline in the coming months and quarters and will certainly start decreasing in H2, the governor of the National Bank of Poland (NBP) has said.