Single-digit inflation already in the second half of the year? Head of PFR: the downward trend is very strong

– With spring comes a thaw in inflation. The peak in February is already behind us. I expect inflation to drop quickly and the economic situation to improve, said Paweł Borys, president of the Polish Development Fund, in the “Newsroom” WP program. – High interest rates will stay with us for a while, because the MPC has to convince itself that the inflationary shock caused by the war and the energy crisis is actually behind us and that we can see a return to the inflation target on the horizon. There is a prospect of lowering interest rates, but only in 2024 there will be no 20% inflation in Poland. I am convinced that in the next two quarters inflation will be in the single digits. This is supported by the decline in commodity prices in the world. The energy crisis is behind us, it can be said that the world has won this war with Russia. The prices of the main energy resources are falling and this is very good news. The downward trend in inflation should therefore be strong, the expert believes.