Inflation picked up in April, after months of decline, coming in at 1.6% yoy (up 0.3ppts from March). We do not see the NBP turning hawkish anytime soon – inflation is still very near the lower limit of the tolerance band.
Next PostRussia: Sanctions don't change the underlying trend
Analyse. Debate. Act. Economics Ltd. is an independent research company that provides economic and political analysis and forecasts, to support risk management and investment strategy, to financial and non-financial companies.
Unit 5H Stamford Works, Gillett Street,
London, N16 8JH