KM Financial Solutions | CEE MARKETS-Polish zloty steady, shrugging off inflation jump

60594

post-template-default,single,single-post,postid-60594,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive

CEE MARKETS-Polish zloty steady, shrugging off inflation jump

06 Jan CEE MARKETS-Polish zloty steady, shrugging off inflation jump

Posted at 10:05h in News by KMFSLLP 0 Comments

0 Likes

The Polish zloty was steady
against the euro in early trade on Tuesday as analysts saw no
change in the central bank’s interest rate policy despite its
highest inflation reading since 2012.
Flash data showed Polish consumer price inflation at 3.4% on
the year in December, above market expectations of 2.9%.

“A strong increase in inflation should be neutral for
monetary policy as price pressure remains mostly driven by
non-core items,” Erste Bank said in