nbp decision, 2015-11-04
In line with the November projection based on the NECMOD model – prepared under the assumption of unchanged NBP interest rates and taking into account data available until 19 October 2015 (projection cut-off date) – there is a 50-percent probability that the annual price growth will be in the range of -0.9 – -0.8% in 2015 (as compared to -1.1 – -0.4% in the July 2015 projection), 0.4 – 1.8% in 2016 (as compared to 0.7 – 2.5%) and 0.4 – 2.5% in 2017 (as compared to 0.5 – 2.6%).
Sentiment: neutral
Topic: mp_inflation