Tag: NBP

Polish CPI Inflation at 3.1% in May 2026

According to Statistics Poland’s flash estimate, CPI inflation in May 2026 reached 3.1% year on year. On a monthly...

Inflation in Poland rose to 3.2%. Services continue to drive price growth

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April Inflation Overshoots in Poland, but Seen as Temporary Spike

April inflation data from Statistics Poland reversed the trend seen in the previous month. This time, the CPI reading...

Inflation at 3% Keeps Monetary Policy in Wait-and-See Mode

March’s final consumer inflation reading came in at 3.0% year-on-year, in line with earlier estimates. On a monthly basis,...

After March Cut, Poland’s MPC Likely Enters Wait-and-See Mode

Today marks the end of the two-day rate-setting meeting of the Monetary Policy Council. Market consensus assumes that the...

Markets Anticipate Five Interest Rate Cuts in the US by 2024

Markets are pricing in five interest rate cuts in the US by October 2024. The decisions of the Federal...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged. As forecasted in the last NBP conference, they are likely to stay...

Monetary Policy Council Holds Interest Rates Steady, Reflecting Uncertainty

The post-election dust has settled, and along with it, the situation in the monetary market has stabilized. After a...

Poland Becomes the Second-Largest Buyer of Gold, Central Banks Increase Gold Reserves to Record Levels

The National Bank of Poland (NBP) has purchased gold for the seventh consecutive time. The purchases in October were...

Polish central bank keeps rates unchanged, citing uncertainty

The Monetary Policy Council has decided to maintain the interest rate at its current level, given the uncertain global...

Fuel Prices Expected to Rise after Elections, Says Przemysław Litwiniuk

In a recent statement on TVN24, Przemysław Litwiniuk, a member of the Monetary Policy Council, announced that fuel prices...

Elections may bring additional volatility in the zloty

Last week's decision by the Monetary Policy Council (RPP) to lower interest rates by only 25 bp. has helped...