Stock Groups

Poland’s PM to announce anti-inflationary measures Tuesday, gov’t spokesperson says -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – Polish Prime Minister Mateusz Morawiecki visited Orlen Lietuva Oil Refinery in Mazeikiai (Litauen), June 3, 2018. REUTERS/Ints Kalnins

WARSAW (Reuters), – The Polish Prime Minister Mateusz Morawiecki expects to announce further additions to their anti-inflationary packages on Tuesday. A government spokesperson Piotr Muller stated on Saturday.

Muller said that the measures included in the package may be expanded if inflation rises, according to private radio RMF FM.

Morawiecki announced a VAT reduction on petrol last Friday.

Tax cuts were made to combat the inflation spike in Poland over two decades.

The central bank of Poland raised its main interest rate 50 basis points, to 2.25% on Tuesday. This signaled that there would be more tightening. On Friday, data showed that the December consumer price index reached 8.6%.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]