nbp decision, 2012-07-04
In line with the July projection based on the NECMOD model – prepared under the assumption of constant NBP interest rates – there is a 50-percent probability of inflation falling within the range of 3.6-4.2% in 2012 (as compared to 3.6-4.5% in the March projection), 2.0-3.4% in 2013 (as compared to 2.2-3.6%) and 1.0-2.7% in 2014 (as compared to 1.2-3.0%).
Sentiment: neutral
Topic: mp_inflation