nbp decision, 2015-07-08
In line with the July projection based on the NECMOD model – prepared under the assumption of unchanged NBP interest rates and taking into account data available until 22 June 2015 (projection cut-off date) – there is a 50-percent probability that the annual price growth will be in the range of -1.1÷ -0.4% in 2015 (as compared to -1.0÷0.0% in the March 2015 projection), 0.7÷2.5% in 2016 (as compared to -0.1÷1.8%) and 0.5÷2.6% in 2017 (as compared to 0.1÷2.2%).
Sentiment: neutral
Topic: mp_inflation