nbp decision, 2016-07-06
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 the projection cut-off date of 24 June 2016 – there is a 50-percent probability that the annual price growth will be in the range of -0.9 ÷ -0.3% in 2016 (compared to -0.9 ÷ 0.2% in the March 2016 projection), 0.3 – 2.2% in 2017 (compared to 0.2 – 2.3%) and 0.3 – 2.6% in 2018 (compared to 0.4 – 2.8%).
Sentiment: neutral
Topic: mp_inflation