With a slight revision to the CPI and GDP projections the NBP published its updated inflation report. The central bank anticipates slightly lower inflation in the short term.
There is a 50-percent probability that the annual CPI growth will be in the range of -0.9 to -0.8% in 2015 (as compared to -1.1 to -0.4% in the July 2015 projection), 0.4 to 1.8% in 2016 (0.7 to 2.5%) and 0.4 to 2.5% in 2017 (0.5 to 2.6%), estimates Societe Generale.
Simultaneously, the NBP anticipates the economy to post growth rate in the range of 2.9 to 3.9% in 2015 (as compared to 3.0 to 4.3% in the July 2015 projection), 2.3 to 4.3% in 2016 (2.3 to 4.5%) and 2.4 to 4.6% in 2017 (2.5 to 4.7%).
