As money.pl found out, the Monetary Policy Council has an analysis of the frequency, direction and scale of price changes in Poland. What do we learn from the NBP document? – I know that document. It shows the history of our problems with inflation – said in the “Newsroom” program prof. Przemysław Litwiniuk, member of the Monetary Policy Council. – The years of the last decade brought data bordering on deflation. And suddenly, in 2019, we recorded a significant increase in inflation from 1.7 percent. to nearly 4% in January. in December. In January 2020, we already had 5 percent. It was the moment when the MPC reaction should have been expected. In March, however, COVID-19 arrived and all circumstances changed. These phenomena, plus the start of the war, caused the problems we face today. In retrospect, one should agree with those MPC members who at the beginning of 2019 called for a gradual tightening of monetary policy. To be…
2023-08-08 14:45:10
#truth #inflation #light #act
