nbp decision, 2014-07-02
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 13 June 2014 (projection cut-off date) – there is a 50-percent probability of inflation running in the range of -0.1-0.4% in 2014 (as compared to 0.8-1.4% in the March projection), 0.5 -2.1% in 2015 (as against 1.0 -2.6%) and 1.3 -3.1% in 2016 (as against 1.6 -3.3%).
Sentiment: neutral
Topic: mp_inflation