Poland: High December CPI, possibly linked to impending rise in minimum wage

Closing The Wage Gap / By

By Rafal Beneck & Jakub Rybacki, January 7, 2020 Inflation accelerated to 3.4% YoY in December, surprising consensus. CPI should reach 4.5% in 1Q and 3.6% on average in 2020. Despite the surprise, we do not expect any shift in MPC rhetoric. The flash CPI reading increased from 2.6% to 3.4% YoY in December, well Read More