Glapiński: the economy will accelerate in the coming months – Money.pl

the Chairman of the national BANK Adam Glapiński at a press conference after the meeting of the Council for Monetary Policy, said Central Bank predicts high economic growth at the turn of the first and second quarter. During the year, GDP growth will accelerate compared with last year. Inflation only for a short time will enter above the level of 1.5%.

responding to a Question at a press conference, when can we expect a clear reflection of GDP growth, the NBP President Adam Glapiński said: – This is the second quarter, and in the worst case – half of the year, but I expect the acceleration at the turn of the first and second quarter.

Is the acceleration of the growth will be very dynamic – so that over the year we will have some 3.5 to 3.6 percent., that is very close to the potential path of sustainable growth, – added the head of the Central Bank.

Deputy Prime Minister Morawiecki said recently that it expects that economic growth this year will be “very reliable” and exceeds 3 percent. (against 2.8 percent. in the past year).

listopadowej projection of the national BANK, GDP growth will reach 3.6 percent. in 2017, after which it will slow to 3.3 percent. in 2018.

– we are Not sure how exactly will inflation could locate above 1.5 percent. If higher, then nietrwale temporarily – we’re talking about a few months, said Glapiński.

the inflation target for RUSSIA is 1.5-2.5 percent.

the Board wrote in the message after Wednesday’s meeting that, with inflation in the first months of the year dynamics of prices stabiliziruemost in subsequent quarters, and the excess risk for inflation in the medium term is small.

- we are Going with deflation on a little higher floor, because the price of oil soared to $ 55 per barrel and stabiliziruemost. We went on a slightly higher ceiling, and again is stable, – said Glapiński.

the MPC said that while inflationary pressure continues to affect the moderate dynamics of unit cost of labour and a negative gap popytowa in the national economy.

consumer price Inflation was 0.8 percent. in annual terms in December 2016. the lack of price changes in the previous month.

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