Poland's core inflation, which excludes the prices of food and energy, measured 12.3 percent year on year in March 2023, up from 12.0 percent in February, the National Bank of Poland (NBP) said on Monday.
Poland's current account surplus rose to EUR 2.59 billion at the end of February 2023, against a surplus of EUR 2.13 billion recorded at the end of January 2023, according to central bank figures released on Thursday.
Foreign direct investment (FDI) in Poland went up by 3.8 percent in 2022 to PLN 118.7 billion (EUR 25.43 billion), the central bank has reported.
Poland's inflation is rapidly falling from its record-high level in line with the National Bank of Poland's (NBP) projections, the NBP head has said.
A survey of economists by the National Bank of Poland (NBP) has predicted a 50-percent likelihood that GDP growth in 2023 will be in the range of -0.1 percent to 1.6 percent.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.
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Poland's core inflation, which excludes the prices of food and energy, measured 12.0 percent year on year in February 2023, up from 11.7 percent in January, the National Bank of Poland (NBP) said on Thursday.
Adam Glapinski, governor of the National Bank of Poland (NBP), has assessed that amid inflation forecasts it has become unlikely that the Monetary Policy Council (RPP), NBP's rate-setting body, will increase interest rates.
The average inflation rate in Poland will reach 11.9 percent this year, 5.7 percent in 2024 and 3.5 percent in 2025, the National Bank of Poland has said in a forecast.